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I'm looking at an REO townhome that is currently priced at $100,000. Rents are about $1200 in the area and the homeowners fee is $50 per month with property taxes at $175 per month. Let's assume insurance will be ab...
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For those actively doing short sales, has anyone had luck getting American Home Mortgage to discount their properties beyond the BPO/Appraisal?
I have three properties with them now, and on two of them the BPO/Appr...
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Hello,
I am planining to invest in a tourist area, this is my first deal. I have been talking with some realtors who take will rent my appartment to tourist by days.
The reason is that the realtor will take care of...
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I am a newbie and have not purchased my first property yet. I live in Tennessee, but would like to consider using the BRRRR method in my hometown of New Orleans. I was wondering if anyone has experience in this area a...
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My original intention was to wholesale the deal to a buy/hold investor, but the more I look at the property the more I'd like to make it my first rental. The problem is that I don't have capital, hence why I wanted to...
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*This link comes directly from our calculators, based on information input by the member who postedProperty is a new build with one yr warranty on construction. HOA covers maint on common...
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So the first area of RE that got me hooked on the idea of investing was doing tax sales.. All i have been doing is watching podcast and reading books..i have one lot that is water view on the market, and in the proces...
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Hello all.I have a question when it comes to buying a commercial property also included is the selling of a cash business and the seller has not kept the best records, and a good portion of the income was left off the...
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I am reading / watching to learn more about BRRRR, is there a reason no one talking about buying property at AUCTION?
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There are different reason to invest. While most people invest for the highest ROI as possible while balancing and trying to minimize as much risk as possible, there are also other reasons to invest. Some people inves...