I have new renter who broke lease after 9 months. Originally I rent for 1500 month. I have told previous renters I would lower rent if signed 2 year lease. In this case 1400 month. This renter gave me 1500 deposit. a...
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Hello everyone! Working on my first fix and flip deal with a partner. He brought a deal (through his contractor). I brought an investor who finances the cash we need for downpayment/closing cost (at a low rate of 8% o...
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Hello All,
I've been reading alot of posts on this forum and find much of the information very helpful to someone who new to the realm of real estate purchasing/investing.
W...
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First time home buyer, about to get pre-approved letter within the hour and going to go look at a property that I've had my eye on that's been on the market for 60+ days (not uncommon in my area). Long story short, I'...
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Hi there! My name is Kevin Drysdale and I'm from a small city west of Winnipeg, Manitoba. I have been interested in real estate investing since I was about 16 years old, and now that I'm in my 30's I'm FINALLY work...
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I am a new investor that made some newbie mistakes on my first deal. At this point I’m trying to learn from it and move forward but I have been spinning wheels as of late. I purchased a rental property in a small city...
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Quick question about the BRRRR strategy. I understand the strategy when you have a higher interest hard money loan and you want to refi into a 30 year fixed lower rate but can someone explain how it can work when you...
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Hi BP,I am a new real estate investor and am currently focusing on wholesaling single family homes in DC. As of now, my budget allows me to mail out 300 postcards from a high equity absentee owner's list. I've done th...
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So I just came across an article about American debt and why some economists aren't concerned that consumer debt (excluding mortgages) is about to hit $4 trillion. The economists who isn't worried about the debt says,...
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Let me know your thoughts on this deal:I’m offering $81k (asking price) for a 2 unit building:Unit 1: 2 bed, 1 bath w/den could be a 3rd bed $900 rentUnit 2: 1 bed, 1 bath also w/a den that could be a 2nd bed. $700 re...