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Hey everybody,I'm planning to go to Miami for vacation and I'm so addicted to real estate investing that I want to take some time to look at opportunity in the Miami region.Here's my strategy, I want to wholesale or f...
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Our tenant beat us for about $8K due to not being able to evict her during Covid. We were recently able to extract her at the end of her lease. She skipped out without leaving a forwarding address although she is se...
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Hey guys Sorry this is a really weird one for these forums I know, but this was the only way I think I can get real information. So I', in Tucson Arizona... Question 1.First of all I never ever owned a Property, I don...
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Hey all,First post here, I was looking into purchasing a duplex with a friend to live in, and then eventually to rent out down the road. We are both getting married within the year so we would be occupying the entire ...
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Happy to say that I have a friend/colleague who is ready to invest $150K no interest for 6 months and we will be doing a flip. The cash advance will be on a simple loan document, not secured by the mortgage of whate...
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When doing a cash flow analysis of a proposed rental property, does everyone use 50% of gross rents as the properties operating expenses. Though it makes practical sense, it sure cuts down on the amount of rentals th...
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Purchase Price = $126,500
Sell Price = $185,000
Don't think it matters for this, but Debt currently on it = $126,700 (purchased with 103% loan).
Owned for 25 months
I was told an Excise tax in the area of $3500.
Ca...
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Hi all, I have a tenant that he is possibly not moving after 30 days of notice. The date is not there yet but I am pretty sure he won't move. He has been paying the rent on time. But since it's month to month lease n...
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