I am closing on my home soon. I signed a contract to rent for a year and will net 14k from the sell of my house. I've always wanted to get into real estate and start a portfolio of houses. How do I get started with th...
Hello everyone! Right now I’m saving my money and repairing my credit so that I can secure a property when the time comes BUT the issue is I’ve been looking on Realtor.com, Zillow, Trulia, and Redfin but there seems t...
Hello BP! I am looking at this deal currently and was wondering if anyone could give advice on whether to purchase or not. The building is from the 50's and needs some work but nothing crazy or urgent. Current rents i...
Greetings All,I am planning to go thru NACA with the purchase of my first property (multi-family). Wanted to know if anyone went thru this process? Was is successful? Anything that I should know or could prepare to pr...
So I’ve got a property which needs a central AC and flooring. Maybe 10k in total. ARV of 110k. In great condition, really beautiful home. Has been listed for 135 for half a year, dropped to 130 for a few months, and t...
Trying to get my 1st property in Queens NY. I’m trying to figure out if the property would produce cash flow. Using the 2% rule, I got 0.69%The 50% rule, I got negative cash flow ROI, I got 4.06% I know those numbers ...
Anyone heard of or had any experience with a company called Lending Circle LLC?I got this unsolicited email from them: “I'm a direct private lender now offering 100% LTV through private real estate loans also fina...
If the builder performs a poor installation of vinyl flooring, leading to it ripping off after 2 years, are they responsible for repairing the damages, or are they exempt after 1 year? We have been told that the warra...
I acquired an 80 unit complex early last year that featured a coin operated laundry room. There's a total of ten machines, five washers and five dryers. One washer and dryer recently went out and is beyond repair. I w...
Price=54000 dollarsgross income per month=165 dollars30 year term loan at 7%will these numbers produce +ve cash flow??