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I recently lost out on a duplex in an up and coming area of town that had 8 offers, including mine, the first day it hit the market. The duplex is located right next to one of my other properties so I have been sendin...
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I've been talking to several investors, attorneys, and CPAs over the past 6 months about this, including Mark Kohler and Anderson Advisors (Clint Coons' company). I have yet to choose who I want to go with as my atto...
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I'm in a bit of a pickle on closing right now. I was under contract for a duplex for $165K "as-is, where-is" but on the home inspection, we discovered a leaking pipe in the bathroom which was flooding the bathroom/ad...
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When doing any remodeling work on a property we’ve taken back, we’ve always pulled our own building permits and then had our designated contractor do the work. However, I recently read something about this and it said...
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I had lived in the house for 2 years. I put down about 100K and am walking away with about 300K, 100K of which is my down payment, give or take (rounded numbers for ease of discussion).I just moved into one of my chea...
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My Husband and I live in California which is an extremely overpriced market. We'd like to invest in single family homes and possibly multi-family units. We are just starting out and want to do our due diligence in res...
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This may be a basic question -- but I don't know the answer.
I have a house in another state that I used to live in. We moved, but kept the house because we had a 2.625% loan on it -- and there was a possib...
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An "as is" FSBO in suburban area, what do I do? This will possibly be my 1st wholesale deal but I don't have a buyer, my purchase contract I'm not sure is correct and don't have money to get it checked by an attorney....
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I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
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Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...