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I know this is a lengthy build up to my three questions at the end, but I have a situation that I would love to hear from current investors, especially from those who are investing in 1-4 unit properties.Here we go.Im...
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Hi,I am concidering a multifamily property located in West Warwick, ri.Asking price $174900Taxes $4789Insurance - got quotes from $600-1200 depending on coverage.2 units, each 2 beds, approx 800sf each. Upper unit occ...
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Hello all, I am a new investor. I have been reading about RE investing since March this year and every time I read I learn something new. It's been 6 months since I have been learning and I'm too ready to take action....
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As the title says I'm working on putting together a flip criteria for myself and figuring out the type of properties I'm interested in and the type or issues that I walk away from.We only buy our properties from aucti...
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Greatings all. So my wife and I have started a small real estate investment company here in Minneapolis. Our intentions are to buy and old REOs, rehab, and then refinance. I was shocked to find out, while reading thro...
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Hi BP,I'm curious as to what you all would do if you knew you didn't have to spend a DIME on your marketing budget for wholesaling (this includes letters and postage)? Use your scenario in terms of direct mail letters...
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Hi Guys,I have been looking around at various deals for months now and I think I found an off market deal that might be a good investment. I am having a difficult time overcoming the fear of overpaying or loosing my s...
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I am looking at a 59 unit complex it was built in the 70's and it is in good shapeit is a class c complex I am talking to the bank (conventional comm. loan) he willgive is a 15year amortized loan with a 3 to 5 year ca...
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Does anyone have any thoughts on applying the 2% rule and 50% rule in the Chicago area? I know that cost of living and rents are higher in Chicago, does this explain why I am having a hard time finding properties that...
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I have my first deal under contract .It is a 3 bedroom , 2.5 bathroom 2300 SQFT It is a rental and it has a current tenant who is on a month to moth lease. The property doesn't need any repairs just basic refurbishin...