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So I'll start off with the numbers with a home we purchased in Summerville SC. Purchase price: $217,500. Current principal: $204,000. Rent: $1,650. Mortgage: $1,216 We have lived in the home for two years and got orde...
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Hi all -I have spent the past year saving for a downpayment, figuring out my investment strategy ( 3 BR/2BA buy and hold rentals), and target market (Murfreesboro TN). I am now ready to make a move in the next 2-3 mon...
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We are purchasing a seasonal retirement community from current owners with owner financing.
385,000 for 15 years @6%. NOI is 50k
We do not plan on buying any other investment property.
We have the means to pay...
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The other day when driving around, I came across a distressed property. It looks as though the owners still live there but the place definitely is falling apart. I have yet to write a letter to send to them, but IF th...
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Introduction:Hello Everyone. My name is Jeff and I started real estate investing about 3 years ago in the DFW area where I live. I am 27 and have been working for a big 4 consulting firm in the area for about 6 year...
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http://www.bloomberg.com/apps/news?pid=20601068&sid=abINDLzbaE54&refer=home
Dec. 4 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke urged using more taxpayer funds for new efforts to prevent home fore...
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Which US cities do you think will have most growth in the near future? In other words, what's going to be the next Austin/Nashville/Tampa/Charlotte that would be a good place to invest in real estate? I'm looking for ...
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Hey guys, this might seem like a silly question... but I'm absolutely determined to purchase my first home within the next 3-5 months here in Portland. I keep looking at Realtor.com and I'm thinking to myself "these p...
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Ok, I've been working with 2 different real estate agents over the past 2-3 years. 1 was referred to me, the other is a friend of a friend.
Problem is, when trying to buy, the best that any RE agent has done for me ...
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So next week I will be going to knocking doors on pre-foreclosure houses (2 months before the auction is what I can find) that are newly built ( little to no repairs) I'll explain to them what options they have to so...