I'd love some input into the idea of buying cheap properties in a economically depressed area with cash, and selling them with owner financing as a means of income.
I have purchased two properties in the past with ow...
I recently (late Sept. 2018) purchased a duplex in FL. The property was fairly run down, i.e. overgrown yard, the occupied unit has window coverings consisting of aluminum foil and/or bed sheets/blankets, additionally...
Not only that I rent to people that most people here would disqualify on grounds of credit history. In fact I don't know the credit history of any of my tenants - never checked it.Yes I check stuff, yes I have ground...
I'm new to the site and will explain the dilemma/opportunity that I am in. I want to see if anyone has even come near to the situation I'm in and if you have any advice. I was a person with semi decent credit and no m...
So I purchased a home in Philadelphia, PA in August 2011 for $199k with a FHA loan at 3.75%. The mortgage payment was $1265 initially and now since it's my rental property, I am renting it for $1400/month, but have $...
Hi, this is a pretty basic question, but having a variety of options would be helpful. I own a row house close to the capitol in Washington DC on Capitol Hill that has $130,000 left on a 15 year note at 2.875%. It has...
Hi all, new to the community here and thanks in advance for any advice. My family got into commercial real estate 2 years ago with a small retail shop. The existing tenant has been a real PITA. We've tried to work wi...
Good afternoon,I have made numerous financial mistakes and I'm tired of it. I want real estate to be part of my investment portfolio and I think I have an interesting way to do it... Please critique my plan.I currentl...
Our tenants signed an 18 month lease. One year into that lease (12/11/15) they gave 30 day notice that they would be breaking their lease in order to buy a home. They acknowledged the lease buyout fee of 1 1/2 monthly...
Hello all, I am new to the business and very eager to get started. I have been doing much research and I really want to get into the game, however I am not sure how to fund a rental. I live in Northern Virginia where ...