I am terrible at understanding ROI. In my bottom-line thinking, there's either profit or there is not. Assuming I'm using my own funds, I understnd there's ROI when I buy and sell, but how do I figure ROI when I add...
I am hoping someone will have some experience with HAP contracts and Section 8. I have a tenant who is currently in a lease with me for 3 more months. She advised me that she is leaving at the end of this month and Ho...
Looks like it's about 1K per transaction, but the 45 day limit of getting something under contract seems really unrealistic, almost pushing people to buy the first crappy deal. It takes time to find deals and since yo...
Hello, I live in Montgomery County, MD and about 3 month ago I rented my basement to a single lady. I gathered one month security deposit and first month rent at the day of moving. After the first month she stopped p...
In a bit of a complicated situation..
When I bought the place it was sold as-is. Since the current tenant in place is a realtor, she was aware of what that entails. Upon signing a 3 month lease they mentioned the was...
Hi everyone. I'm a newbie with a super-newbie situation that I would greatly appreciate any thoughts on from all you incredible BP people. I decided about a year ago to enter the real estate investing arena via whol...
I have already asked this question a few months ago but sitting here on the couch something dawned on me.My original question was can you qualify for a fha loan while you already have TWO other mortgages that are NOT ...
Looking for some advice. This is a property in Indianapolis, IN. All the numbers are accurate. The purchase agreement was signed on 12/18.After receiving the inspection report I was very hesitant to continue. The sell...
I have been a landlord since 2008, but some items never come up. Here is the question, a tenant sends me December rent and gets to me on the 5th via first class mail. Along with the rent they have a written notice tel...
I'm seeing a few properties listed in the 4k-10k range in the Chicago area. The neighborhood doesnt matter much to me. What I wanna know is are the properties in those price ranges worth getting if the cash is on han...