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I'm looking to buy my first home to invest in as a rental property, how do I know what to offer after just a quick tour of the house?
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I closed on a property in Warren, MI on Oct 20 and I quickly found out through my property manager that the house is in a horrible area and won't fetch enough rent to cash flow. I was too giddy to get another property...
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I live in Southern California and there is a duplex for sale for $800,000 I want to purchase it as a first time buyer. Was wondering if the listing price is to high for cash flow to generate ?
With tax time quickly approaching, I will be taking a vacation. Time to see the world down under and explore what's new in New Zealand.
I'll pop in periodically. Want to let you know that I'm not permanently leavin...
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Hi Everyone,I am getting started in buy and hold real estate investing. I would like to hear how some of you investors do your due diligence with the following: When do you call an inspector to give you a report of wh...
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I only have one rental so I am just getting into this. The tenant has been great so far and paying on time. However, I was just asked if they could put an above ground pool in the backyard. Assuming it is not perma...
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I am trying to purchase a rental property that is in foreclosure. It is a 1br/1ba condo fully renovated. Bank has dropped the price from 97k to 55k. I am offering 50k cash. My question is this. My banker says a regula...
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Is it possible to protect my EMD in this scenario:
Say I put in an offer for house x and it was accepted along with my EMD. (May be wrong on how that works as I haven't done so yet, but I'm assuming this is how it go...
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Hi members,I have a SFH under contract, already completed inspection and scheduled to close in 2 weeks. In the meantime the recent hurricane/storm Debby just hit Florida. The property is in central Florida and Debby...
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I've noticed some wholesalers saying deals must be all cash and some even require no contingencies. Is this standard? You can't buy wholesale deals with financing? You can't have inspections?In the event that is true ...