Hey guys,Today, my first very motivated seller came to my inbox! I'm hoping you guys can help me analyze the deal.3 bed/2bath 1600 sq ftAsking: $90kLoan Balance: $90kARV: $95kCurrently Monthly Payments: ~$600 (said he...
My agent has put a contract together for me to sign so that we can submit to the listing agent who is also the owner of the subject property in which I plan on purchasing. He sent me the contract to sign but he also s...
I inherited a tenant who has not paid rent since I bought the duplex in late November. The person has been living here for years and now is on a month-to-month lease. The person is also receiving free access to the ga...
For 2023, I’m thinking over a few ways to add more assets to my growing portfolio. Ran across the thought of obtaining an unsecured loan to help assist in my growth. The lenders mentioned the loan would be in my perso...
5 day notice was given to tenant by processor , on this Saturday. Tenant paid the March rent on Sunday.I want to refuse rent from April onwards to make him a holdover tenant.. Will I need to notify Tenant, that rent ...
I have an opportunity to get in on a condo for $92,000 in Michigan (not Detroit). It is 1400 sq ft, 2 beds, 2 baths, 1 car attached garage. The condo was built in 2003. It needs new linoleum in the kitchen and bathr...
In December I bought a single family home, all cash, which was in rough shape and had been vacant for over a year. I had the intent of fixing it up, renting it for a couple years then selling it. I have it advertised ...
My mom has a small 2 bedroom, 1 bath (approx 900 sq ft) in an older neighborhood in Boise, ID. The location is good (near downtown, the university, parks, etc.), but the house is a mess: no foundation/crawlspace, need...
I owe a mortgage bal of $126k on a property worth $375k and have about 8 years to pay it off; rate is 3.37%.
I need to tap that equity to purchase other properties. The options I'm considering are:
1. HELOC at 75%...
Hello I am just getting started in NNN investment, and mainly looking at national brand tenants in Quick Service Restaurants(QSR). Comparing two deals - with almost same price point #1. no rent increases but Percenta...