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I am closing on a property next week that is tenant occupied by a section 8 tenant that I will be inheriting. My plan is to either flip this property or to do some work on it and rent it out for much more than what se...
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As the title says, I’m trying to plan for the future and curious how this works. Ideally, if I’m invested in many different RE syndications that are using leverage (and doing cost segregation analyses), then my annual...
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I have a rental that has been vacant for a month and a half. It has a lot of interest but few potential renters that actually want to move forward beyond that. (I feel like my pre-screening may be keeping people from ...
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Hey everyone, I am intrigued with the BRRR strategy!!!!Background info: It is my understanding here in Vancouver BC Canada that lenders need a min 20% down (without using insurance) to buy a property. If you know of a...
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How do you guys feel about purchasing a property that has a tenant already renting it? I am going to purchase my first investment property in Jax in the next two months, and I met with a realtor yesterday. She asked m...
Hello Everyone,I'm here in WA state. Does anyone know if Landlord has a legal right to serve a pay or vacate on a tenant who is late on rent. Today is the 8th and rent is due on the 1st and a late fee is applied on th...
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Hello all,
New to the forum and looking for some insight. =)
Looking to start investing in Section 8 and was wondering if anyone had any horror stories, success stories or advice on where to start.
Or if anyone ...
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Every bank I have asked, will only make loans based on purchase price. So, it doesn't matter how great a deal I find, I still need 20% of the purchase price. (plus closing and fees, etc.)
My question is... Am I not a...
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I am on the verge of making my first deal ever.
Two interested buyers, can close in 10 days.
I am doing an assignment of contract.
Can I ask my buyers to put down non refundable earnest money. If ...
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Don't know what's the next step is. Any input will be greatly appreciated!
A little bit of background here:
In July of 2020, my previous tenant was financially affected by the pandemic and couldn't afford the rent. ...