Hi BP,We are new to property management. We took the leap last February and purchased our first duplex. There are two one bedroom apartments. The downstairs tenant is an elderly lady. Per the previous owner, the ten...
I see alot of people that advertise bandit signs and I think that they're a great avenue to get business . However I don't think it's worth the hassle if your going to get hassled by the local sign police if you conti...
Hello everyone,First things first - I'd like to thank all of the contributors to this forum, your advices and inputs taught me *A LOT* - so I'm grateful for that.TL;DR: For a new RE investor with a good starting point...
Yesterday I had an epiphany! The CORONA/ WUHAN/ COVID-19 (Virus) is exaggerated! There’s too many things at stake right now and it all SMELLS FISHY! Besides crucial elections, international economic wars, and propp...
Has anyone had any interactions or knowledge of a company called Equity Lenders International, Inc? This is apparently a group of private investors and/or facilitators for pairing up available private money to worthy ...
Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
Any good markets? Would really love to find a market where one can expect gross income of $80-100k plus in the house price range of $400-650k. I am trying to look at places besides the Smoky mtns. I already have an S...
I got a letter from a lawyer that part of my driveway is on his clients property. When I purchase the home, the driveway was paved. Has been for 30yrs I’m told. The letter says my options are return to prior state, wh...
I'm humbly requesting the help and brilliant expertise which is never in short supply around here. We're about to be in possession of $100,000 to $138,000 cash from the sale of our home (primary residence). This figur...
So I am a new investor and I met with a realtor who is a former investor himself. I left the meeting feeling good the only thing is he wants me to sign a exclusivity agreement. He said that it would be the seller that...