Jeannine Barcarse
discounted 1 postion notes in FL
I have access to performing 1st position notes in Jacksonville, FL. They have a return of 14%. They cost $38K (on property for $60).
Loc R.
How to protect oneself during an assumption
So I am trying to help a friend piece together a deal.
She is upside down on an "investment" condo she owns and currently rents out. She owes $300,000 on it and it's probably worth $240,000 right now. She doesn't w...
Miho Hatanaka
My first deal turned out to be a business investment
Investment Info:
Retail other investment in Portland.
Purchase price: $100,000
Cash invested: $10,000
My business partner and I bought a massage therapy clinic and a teahouse on 1/29/2020.
It's been...
Arcinio Arauz
How do I fire my RE agent during a short sale
Hello All,
I put in an offer on a short sale back in Feb for a primary residence . It's now October and we are no further along. I fully understand that a short sale can take a good while and in many cases the bank i...
Anthony Panepinto
Removing existing tenants from a new property
Hey!So I have been looking at 4 different rental properties, some duplexes, fourplexes, etc... and they all are being sold with existing tenants. Some of the properties have tenants paying on a month to month basis an...
Kenneth Dai
Feedback on deal analysis for property in Indianapolis
How does this look for a turnkey property in Indianapolis?Duplex, 3 br, 1 bath per sidepurchase price $69,000, all rehab done, renter in placeeach side rents for $650I estimated $764 per month in expenses (10% each fo...
Alexander Zurn
2 unit in Bristol RI purchase price 165k rent 900 conservative
Hello, I have found an opportunity to purchase a multi family (2unit) property in Bristol, Rhode Island for under 170. Conservative rents 900 potential for 1200, numbers based on 900. This would be owner occupied for ...
Joseph Smith
3 year goal of investment self sufficiency.
As a 23 year old who is 100% brand new to the REI game I find myself curious as to what the general consensus would be considering my current starter plan. As the subject of this post suggests, my goal is to be finaci...
JD Martin
What was your last (or best, or worst) "Oh, Crap!" moment?
I thought this might be a fun topic, since mine was tonight!I have a unit that has a tenant moving in next week - everything is paid for and signed, and all that's left is to deliver the keys. I went by the house toni...
Josh Falls
Having a hard time finding property management
We have a 110 unit complex in a medium sized town in Illinois. The current management had had it a year and done a great job. Now they say they have too much business to keep our complex. The other prominent company i...