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Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.
Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...
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I am working on a deal. 12 units in 2 buildings in northern NH for $380k with $60k coming back to me at closing, net price of $320k. I structured it that way to reduce my cash outlay to less than $25k. The property gr...
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I want to fire my property manager because I suspect that he "nickle and dimed" me as I am an out-of-state investor.
But, there is a problem. In the management agreement I signed with him, there is a clause that say...
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I'm finally settling on my first investment property next Thursday (though I've said that before with this property). It is an REO that I believe am getting a significant discount on.
When reviewing the paperwork wi...
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Every year, I post a macro analysis/predication for the upcoming year for multifamily real estate. If curious, here are the last two:
Jan 2023: Multifamily Real Estate is At Risk of Crashing
Feb 2024: Multifamily i...
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Hi All,I got interested in real estate about 2-3 months ago and have been listening to the podcast nonstop and have read about 4-5 books already. I’m eager to get my first property but am having a little trouble findi...
In my field (counseling), I've been working for almost 20 years. While the salaries have been low, up until this year when things really spiked, the retirement plans and money able to be set aside was just embarrassi...
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Anyone got any rental properties in Saint Cloud, MN? How does the market perform there? I see that it has a population close to Maplewood, MN. Is the vacancy high? Is it hard or easy to find tenants? How is the job ma...
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More and more states are requiring wholesalers to be licensed. I have stated before that this could be a trap for the wholesaler, whom, if licensed may be taking on a responsibility to the seller that is at a minimu...
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Hello everyone,
I am a newcomer to the world of real estate investing and am hoping this site can assist me in making educated decisions. I am looking to purchase a 2-3 family in Providence or Kent count...