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We just closed on a bank-owned property w/city services and today I had an appt to get the water turned back on at the street. The city water guy told me there's a leak somewhere between the curb box and the house.
I...
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I have notice a recurring problem when I talk to some folks about wholesaling. The question "isn't that illegal?" comes up alot. I think its time to clear the air!!
MY OPINION: there wouldn't be a blog with thousand...
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Hopefully someone more experienced can help me wrap my head around this.
Unless it makes a difference, my widget in this example will be a stick-built SFR.
Purchase price $10000
Repairs $5000
ARV $25000
10% down $25...
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Hello all, I finally put my property up for rent in MI and I’m in the pre-screening step. So I have a couple questions:
1. How do you determine who to show the property to? I asked a couple questions and they answere...
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Hi All,My question is this: can I sell a “lease option package” to another investor? Here’s the scenario I’m thinking of…I: Buy $55,000 property for $30,000 cashPut $5,000 into rehab and closing Qualify and place a te...
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Hello, so I've been talking with my kids mom about purchasing a home, with the intent on passing it down to our children. I'm not sure if this is a thing that people do, but I figured that I would ask. Would we just...
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Hi everyone, would love to get some advice for BRRR method. I have a property currently that I want to use for the BRRR method. I can take out about $100K to purchase other residential real estate. Property is current...
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My manager is asking if I (landlord) will allow prospective tenants with no eviction in past 4 years. I was thinking no evictions at all. But what's the acceptable and more common practice here? From a simple online s...
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Hi! I'm Randi! I am VERY new to all this. Really still in the learning stage. I received a large inheritance around a year ago and I've been brainstorming ways to make it grow, mainly in real estate. I reached out to ...
Hello BP, I'm currently working on my first cash-out-refi deal with a portfolio lender. The bank will give me 80% ARV with no seasoning period - just need a valid lease. My private lender is a close friend who is ch...