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I had an acquaintance that is an agent reach out to me yesterday about a 4-plex in Ogden he may be listing soon. He isn't investor minded so I am sure this looks like a steal to him. Any help with these numbers so I c...
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I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short s...
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We are moving out of our primary SFH (bought 6 years ago) in the Campbell area, and are deciding between selling it or letting it out for rent (fully managed by a third party ~ 7% fee). Given that the we have had doub...
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I have listened to every BP podcast and many of REI experts talk about the 65% (or slightly higher in some areas) of ARV formula for determining if a property can be a successful flip. My question is if people would ...
Right now I'm looking for another rental since I learned last week or so that the one I'm currently living in is selling. I found a place that I'm interested in. I went to look at it but it's a little more than I wa...
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Hi all.
I have been a somewhat successful stock trader for the last 13 weeks. I have been getting a little sick and tired of trading. I would like to get more into the real estate game.
Here's the strategy I was t...
To save afew bucks
Found stove,fridge,microwave cheap with bonus baby roaches"sweet"
Memo to self: buy new or look the stuff over
One tenant is going to get the rest of my money to me no later th...
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So it appears to me in my local market and also at the macro level around the country that properties that cash flow nicely i.e. >1% rule are also in markets or neighborhoods that don't seem to appreciate that much...
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Hey everyone,
I've come across an opportunity where the seller owns a large house and also owns a vacant lot adjacent to the house and is trying to sell them as a package deal. This deal is pretty enticing to...
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Every time I read about the strategy of assuming a non-assumable mortgage alarms go off in my head. I have read the whole philosophy that banks would rather have a paying customer than foreclose. And this little vo...