Brian Singh
Bay area Housing 2020- Crash or no crash
Just wanted to get a sense of what people are seeing in Bay area and what they think will happen after a few month. Also wanted to see if I am being too negative on bay area and forecasting a 10-15% price drop.
The ...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
John Warren
Tax DEEDS (not liens)? Possible bank foreclosure? IRS? Quitclaim?
I have had my eye on some upcoming tax auction properties, mostly to watch and learn from the process, but if they go for the right price I may try to bid.Anyway, I am trying to do my due diligence stuff ahead of time...
Ashish Brar
Out of state Rentals for Positive Cash Flow
Hi Guys,I have about 100k cash available to invest out of california. Looking for some cash flow rentals in Houston Texas, Cleveland Ohio, Cincinnati or Detroit. I am thinking of using that for a 20% down to generate ...
Kent R.
Wholesaling Lease Options
In reviewing how to wholesale a Lease Option, how do you get the Seller to not require an option fee from you?
You are asking the Buyer to provide you with at least a 3% Consideration Fee that you keep, yet you don...
Ricky Stafford
Rehab for Rental - Be own contractor or hire one?
I'm curious how most investors handle their rehabs/remodels.I have a space that needs completely gutted and it is going to be a big job. It will require everyone - electrician, contractor, plumber, sheet rock, floorin...
Greg Gasiorowski
Investing in Low Income Areas
Hello everyone,I'm new to the forum and have been doing a lot of research in buying rental properties. I currently live in the Philadelphia, but would like to invest in lower income areas such as Chester, Marcus Hook,...
Matt Cianci
Long Distance Landlord - Avoiding Management Companies
We are a group of investors from NY, NY, TX looking to buy a duplex in FL. Many of the deals we evaluate are showing 7-8% cap rates, which works well for us, but once we stick a management company fee on there it is w...
Jon Graham
Multiple offers - Which one is best?!
I have a property I rehabbed in NW Indiana. We've been fixing and flipping houses in the area for a few years, but this property is my personal residence. I did the work slowly as I had time over the last few years. A...
Mitch Rice
$8K Paint Estimate?!
Hey everyone,My wife and I are working out the budget on our first rehab and are taken aback by the paint quotes. Everywhere we read says we should be paying a max of $2 per square foot for interior and around $1.5 fo...