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Hey folks,Total newbie here. I am an accidental landlord wishing to be an intentional one. I own a SFH in an upper middle-class area of NE Seattle. It used to be my family’s primary home but after having kids we mo...
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Hi All,I'm purchasing a New Jersey quad at a short sale cash price of $255K. The seller owes the bank circa $280K. We went into contract in March 2016, with an inspection shortly thereafter. Few weeks ago I learne...
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I've read a lot of material on self directed (including checkbook) options but still not sure the best approach. Would appreciate any advice. My situation: Currently employed. Have a large 401k from 7yrs at current co...
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Hello,My business partner and myself are aiming our sights at our first fix and flip property; we have money set aside for the project - but due to the amount we are willing to invest it limits some of our capabilitie...
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So I've scoured BP and the web on self-directed IRAs and have gotten a bunch of useful information. Unfortunately the information I was able to find was mostly on setting one up and general guidelines on how to operat...
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Hello everyone. I'm new to real estate and im looking to house hack. Background credit score 740, pre-approved for $230,000 for FHA loan with 203k for renovations. I am very inexperienced and don't want to be taken ad...
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Got my offer accepted for my very first property, which will be a house hack in a 4-plex. Current rents: A- Exp 2/29/20 $525, B- Vacant, C- Exp-7/31/19 (Will move into this unit), D- Long Term month-month $525. Budget...
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I did a back of the envelope analysis for this 3 unit plus general store building and got the following numbers which seem pretty promising. What other information should I find out or confirm before making an offer?...
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Hi Everybody,
I own a small building with 5 units and I pay all the utilities except electricity. The gas bill increased over the winter but doubled for the month of February. I suspect some of the tenants (I had som...
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We bought the house after the bank had remediated mold and gutted everything just leaving studs in the whole house- Goes on the market today.
I'll post the before pictures shortly.
https://skydrive.live.com/redir.aspx...