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BACKGROUND
I'm a former buy & holder moving forward and starting over after a downturn in personal circumstances, in the planning stage of creating a note investing company for and by myself.
I have been learn...
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I thought we'd kick off the Selling Real Estate forum with a basic question that anyone selling their home has to deal with:
Should you use an agent to sell your home, or save the commission and sell it yourself as a...
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Several months ago, I entered into a partnership with someone that was offering to put up all of the money for my investments. We agreed in the beginning that we would be flipping houses for a 60/40 split. I get the 6...
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I am in process of selling in NY. After mtg paid, commission, taxes, cap gains, etc.. I'll have +/-425k left over. My new 30yr mortgage in Tampa is 1600 a month. 324k total. My monthly income is around 8k.. BUT, my bi...
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I have a SFH (in another state from which I live) which has been rented to the same tenant for two years. Single mother, 1 child. the lease comes due this summer, and wondering if I should renew her or look for som...
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Hello BP,
A week ago I found a SFH listed at 55k on the MLS that turned out to be a Fannie Mae foreclosure. 3 bedroom old style house, finished basement and attic, and two car garage. Seemed like a good dea...
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Alright, I have committed one of the worst sins as a new wholesaler. I have deals under contract but no buyers. Interestingly enough, what makes me a special case is that I already have a list of 26 buyers that I coul...
Hello all,I'll try and keep it short. I have been managing my parents properties ever since they couldn't manage them themselves. They are at the point that they need to move into and pay for their ALF. It's very expe...
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Hi all, Just had a quick question on what everyone uses as a rule of thumb for rental cashflow?just to make it simple... I'm talking about financed (20-25% down) 2-3 bedroom houses/condos that are in the 100-150k Rang...
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Hello BP,Had this possibly fall in my lap and I'm looking for guidance on next steps. Quick background, I’m still very new to REI. I haven’t yet purchased any property, I’m still in self education stage. Today I was t...