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We have a vacation rental in a vacation rental area. We've only had it about a month. The neighbor lives there full time has had some real hard times with a big storm blowing all of his "stuff" (junk) around the yard....
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Summary
Property took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have Done
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Can someone please explain what's a subject to and when would it be a good time to use it. Should I focus on this strategy as a new investor?
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I'm in the Minneapolis market and I'm aiming for an 8% Cash on Cash Return. I'm buying for cash flow and I'm coming up with about $75K per unit while the comparable sales that are listed are about $150K per unit. I'm ...
Hi there, Id like the expert opinions of seasoned players out there. I run a business separate from 2 of my other partners who run a similar business providing medical services. We identified a property 3 hours from T...
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Question from the other side, appreciate your help:
House owner was trying to sell his house but didn't get good offers so he rented it out to me, we signed a lease and I gave him the security deposit.Later before mo...
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We are currently seeing a big swing to investors calculating an acceptable dollar amount for NET profit and not necessarily purchasing on a set percentage. For example, if a house needs a true $5,000 in rehab, and th...
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My husband & I have been in florida from the UK for 2+ years. Our visa expires in early 2008. We have just heard that his employment sponsorship will not now go through. They have changed their policies. We own 4 ...
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I have been contemplating investing in the mobile home industry (units, not parks) to compliment my SFR investing. However, the more I dig into it the scarier it seems, largely due to my wanting to sell on terms to t...
My soon-to-be father-in-law owns a rental building. He is in his early 80's now and has been in the rental business for 30+ years. ( Self-managed ) We do help him often with repairs. He recently has gotten sick. Very ...