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Assuming I hire a management company to handle property, how much work will my property be? How often will I have to be involved with issues?
In addition to the property management fee, what have you folks found is ...
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So as I gather as much info as I can before entering the REI/flipping world, I can't help but have the anxious feeling about being a beginner to all of this, going up against seasoned investors with deep pockets.
I...
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Thanks for reading! My current Townhouse is going up for Short Sale in a few days. I have already set a goal for myself to have my first investment property by the end of the year, but now I also need a residence :)I ...
Investors,
Looking at one of my first deals. Let me run you through the numbers and get your opinions.
Property: Needs very little work. Small paint, new appliances in the kitchen and that is it. Forecl...
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Fellow BP, I know this varies by market, but what rates are you paying for HML?
Working some deals...A) Resell deal all in 40K ..ARV $65-$69k
1. Rate 15% with 5 points 65% LTV.. No money out of pocket
...
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Simple and straigh forward question but important to me.
Are any of you folks wholesaling as an indivdual?
I heard a few years back, that some lenders are frowning on Individuals being listed as a payee on the HUD s...
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We started on a 4/2 rehab. When I brought my wife to check out the place she and her sister particularly did not like the size of the master bedroom and the closet, which is very small for two people to share. Her sug...
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Hello,
So I have my RE license and I've signed on with a broker in my area. My primary intent is to manage 10-15 units for 3 years while continuing to work my regular job. After 3 years I will likely set up my own ...
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I’m looking at a 4/5 plex. have the money to get into it. I’d go to a PML for the rehab. I’ve gotten 2 quotes from GC’s. It’s a complete gut and remodel. Need: foundation work, new roof, hvac, water, electric, structu...
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Hello everyone,I'm Jimmy and I'm from the 757 area in VA, but currently residing close to STL on the Illinois side. My only background in real estate would be working in construction for 5 years, so everything is new...