I'm a new member and would really appreciate everyone's feedback. I purchased a condo in 2010 for $155k. The property was a foreclosure. In 2005, the original owner purchased the condo for $305k, but foreclosed on th...
Hi All,
My name is Jimmy and I'm new(ish) to real estate investing! I'm a 25 yr old who recently moved to the Bay Area, CA for a job to turbo charge my W2. Last year, I bought a condo in the area with an extra room I...
Hi:I just bought a rental property a while back and it is now vacant. My daughter is a college student and she asked me if she could rent a room in the 3 br house and find other students to rent the other two rooms. ...
My neighbor wants to sell me his house and I was wondering if it is possible for me to represent both of us in the transaction as a dual agent? Thanks.
Hi All,Before I post my question, I'd like to recognize that there will be a few of you out that there I offend. In advance, I apologize. I don't want responses to my questions to ask me to defend why I won't enroll i...
Hi everyone,
I am wondering how you guys are doing accounting and bookkeeping for your rentals, doing by yourself, hiring bookkeeper or hiring accountant? I am currently managing the bookkeeping and accounting mysel...
Hi BP! I own some properties in a small city in Ohio that is looking to institute an ordinance that would require a landlord to register each property they own within city limits. Along with the registration, the ordi...
Hey!
I wanted to reach out and see if anyone had any experience getting a multifamily unit using an FHA loan.
Specifically,
1) How does the process work?
2) Do you find a property and pitch the “idea” to a bank?
...
If you had $25,000 - $100,000 to invest passively would you rather buy shares in a REIT or put money into a syndication as a limited partner (LP)? Pretend you are a busy professional with $200-400k income (like a mid-...
Well, I would have liked my first "I just bought a rental property" post to be a bit more of a brag, but it isn't! I bought an apparently nicely cash flowing property (better than the 2% rule) in a flood zone in the b...