This is a triplex in the local area being sold for $279,000 generating $2310 a month the realtor gave me a list of expenses. Mortgage =$1114Hydro. =$176Insurance =$230Internet. =$115Taxes. =$230
We have used the same attorney for a few purchases and recently came to realize he screwed up many things. 1. He failed to find out there is an open permit on the house. The previous owner applied for a permit to expa...
I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard): -an additional 10% (on top of the 10%...
Yesterday we just signed a 1-year lease with a tenant for $1750 a month. We purchased the property 3 months ago. We found it on Zillow listed for 50k. The property is 3.5 acres, has a well, a septic tank, and a 1440 s...
I've had a dozen or so mobile homes for about 6 years now, but in July I purchased my first park. 10 lots and a stick built house.
Crazy thing about this park is that a church had owned it since the 1960's and hadn'...
Good Evening All. I'll keep this short and sweet. My tenants' lease was due to end on June 30, 2019. They vacated the property early, 3/16/19, to which I agree. I knew the house was in need of extensive cleaning a...
Without going into the fraud and embezzlement by the judgment debtor, I will just go into the specifics of this unique collections situation.10 years ago, this husband and wife were investigated by the state attorney ...
When I talk to new investors they most frequently are either stuck in the I want to buy cash flow properties or the mind set of I have no money and thus must wholesale or worse yet can’t get started. I frequently s...
We have went from inflated apprasials to deflated apprasials
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I've seen a number of websites that offer turnkey opportunities for real estate investing. I'm a busy guy with a family and a full time job. This seems like a simple way to go.
For those of you who have experience wi...