This is my first multifamily deal, so any advice on the numbers would be much appreciated!Purchase price: 60k Financing: conventional loan 20% down, 48k being financed over 15 year am at 5% interest = 379.58 a month r...
After listening to a cd by Ron Legrand I am thinking of focusing on assigning contracts from homeowners who are underwater and helping them put a renter in their home who will take over their mortgage and pay for repa...
Hello! My name is Stephen! I renovated my van to live in and moved to Alaska 1 year ago with aspirations to buy rental property to fuel my traveling lifestyle. I have cleared out 23k credit card debt last year and no...
When considering acquiring a property, how old of a building will you buy? I'm trying to stay newer than 1980 so I'm far enough removed from lead pipes and asbestos. What do you guys think?
Hi All,Currently in the process of
purchasing a two family home in a good area which will also be my first, and after reviewing the
inspection report, there are, what i would think, a few big deal items called
o...
one of the items in the inspection report for a house I am selling isIRC 2009 N1103.2.1 Insulation. Supply ducts in attics shall be insulated to a minimum of R-8. All other ducts shall be insulated to a minimum of R-6...
Hey all I am about a month into researching REI and BP. Found this house in NJ, about 5 minutes from where I live, so I know the area very well. Here are the numbers.Listing Price: 90k, went down in price 35k yesterda...
Today I closed on my 4th rental. This property is on the same street as another one I own. The property was listed for 34k and we ended up settling on 24k.The property is approximately 800 sqft, 2 beds, 1 bath, hard...
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Have you bought a property that zillow said it was worth lets say (example) 100k and then you sold it for 150k?