Greetings,Looking for thoughts on the following scenario. My first OOS duplex, owned for one year.Side by side, 1976, clean neighborhood, nice backyardsPurchase price: $200KTotal rent/month: $2000Mortgage: $1000 Rate...
Hi guys,I am thinking about purchasing a 4-unit, 1 BR/1BA building. Two are Section 8 ready. In order to decrease problems with the property, I am thinking about doing the following things:1. Only accepting those w...
Hello all,
I have a small 3 family home (1 bedrm units) that needs new heating systems. They are gas, forced hot water systems...any idea how much one of these can cost to replace? With the plumbers cost indcluded......
Hi everyone! Do you increase the rent every year after a lease renewal? My tenant in Fredericksburg is renewing and I am not sure what is the average annual increase for rent in VA, since there is no rent control h...
Hey BP, Im curious on what some of you would say as the better route to go and why.I'm at a crossroads between:Starting and focusing on New construction for single-family houses to eventually get into being able to bu...
Short Sales Plan closer to finalization
According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...
Will I still qualify for the benefits of a first time home owner/ house hack in the US if I buy outside of the US first?Or should I hold on buying outside of the US until I have my first house hack here in the US?
Hey guys, I’m looking to help my family develop a piece of land we’ve had for sale for a couple years and hasn’t sold in Anchorage, Alaska. Land value is around 9,000sqft. Worth around $76,000. We will have around a $...
I am circling the idea of getting my license to be an agent in MI. Ive heard about 50/50 mix of good and bad. I was just wondering as a career if its something you recommend or do you regret spending the money?
Has anybody else seen this article?http://www.wsj.com/articles/real-estate-industry-b...The general point is that while Trump's tax plan is silent on the subject, the GOP tax plan that has been gaining steam proposes ...