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Hello I'm buying my first investment property. I just wanted do I need to get landlord insurance or home insurance for the property. Also if I'm a solely buying, is it smart to have a business name under to my title o...
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Hi, I have a deal in front of me. It's a subject-to deal where the owner owes $165k on the mortgage at a 3.5% rate. The ARV is $350k, and she wants to sell the home for $257k. The house needs a rehab, including bathro...
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So, I am looking to do my first wholesale deal but I have some questions I hope to get answered, I would really appreciate it!1. Do you put a clause in the "as is" contract that you don't have to buy the house if you ...
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Most of the expense assumptions I use are based on rent. For example, I budget 10% of rental income for PM, 10% for vacancy, and 10% for capex/maintenance. Then there are fixed costs: I generally budget $700/yr for in...
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Hope everyone is doing well ! I am just starting out as an investor and looking to get an advice on out of state real estate investment.My goal is to own at least one property in next year and see how it goes.I and my...
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Greetings Fellow REIs,I took the plunge into REI approximately three months ago and have been immersing myself in learning ever since. While I have some liquid cash on hand to kickstart my journey, I'm keen on optimiz...
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Hey guys - I wanted to get a consensus about those of you who buy lists for marketing purposes. If you buy real estate lists (e.g. probate, absentee, properties with equity, etc.), can you chime in with:1 - What kind ...
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I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
Investors when you purchase your properties. Do you ask the owner are they willing to owner finance. Have you ever owner financed a property. I am a investor and all most all of my deals were owner financed. Even when...
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My friend who also invests in another market in Texas suggested that we plant a tree or two in the backyard of our new rental, says it is little cost now for a good return later. Thoughts?