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We recently acquired our first investment property. It is 12 units, 35 minutes west of Minneapolis, Minnesota. Purchase price $720,000Appraised $755,000My wife and I put $70,000 down, second mortgage on our house, and...
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Hello, My name is Vinh and I'm an investor located in New York. I'm thinking about expanding my business in Texas - specifically in the greater Houston area. Would love to connect and discuss the various real estate m...
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Hey all - newbie here.I have looked locally in my market for some lenders to get pre-approval for rental property purchases. However, I am running into an issue that only 15 or 20 year terms are available. At the advi...
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I have recently been getting a lot of calls from people that have an upcoming foreclosure date, and are in the middle of filing bankruptcy. They say they would do a short sale if it would benefit them. The points I ma...
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I have a few properties- some I’ve rented to section 8. All of my properties are above the standard for a rental- falling into a luxury product. I have had issues with a few of my section 8 tenants in the past. Right ...
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Hey there,I have, to date, been a residential buy/hold investor with 2-3 units properties. I have sourced an off market deal and am in negotiations with the vendor. Before taking anything to the next level, I have b...
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Just wanted to share what I started and where i'm at and hope any seasoned folks out there can chime in and let me know how they feel about my 1st marketing campaign. I have hand written 250 yellow letters with the ha...
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I have a seller and a buyer all under contract and then the title company says their is an old Lien on the house.we called the bank and the Lien is payed off but they say it will take up to 30days to sent paperwork ou...
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I'm trying to round up all the different types of fees a landlord could charge their residents. This isn't my favorite income idea but there is no doubt collecting fees is a way to prevent more costly mistakes. What's...
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I would like to hear from all of the real estate investors with syndication experience. What was your biggest lesson learned in closing your first REI syndication deal. Thanks for your participation!