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Hi All,I won my eviction case today ! The tenant showed up to the hearing, and the judge is giving her seven days. I went to the Sheriff's office today and they will be showing up on 2-22 to make sure she has vacated...
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Hey all, after months of stress and agitation finally closed on my first investment.Here are the numbers...what do you guys think?Single Family 2/1Asking- $290KPurchase -$250KAppraisal -$275KDP- 20% ....didn't want to...
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Hello Everyone,I currently own a fourplex and am living in one of the units. The average market rent for a unit is $600. My units are being rented out for $525, $525, and $510 respectively. The tenants have been resid...
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I’ve been hearing for months that we will soon see a wave of distressed assets and forced sales. I’ve heard of numerous people raising “opportunity funds” to take advantage of what they call the “fire sale pricing” ...
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Probably should have started this earlier. I’m a few weeks in, but I’ll split the post up so that it flows a bit better than a giant long read.Been getting all sorts of RE education through biggerpockets and my local ...
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I would like some expertise on this current issue I'm facing.I have this house 155,000 purchase price. I want to do all cash and refinance.I am going to get an appraisal done Monday, the seller is very confident the ...
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2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...
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I am commited to buying a Short Term Rental, I have done my research and am ready! The only question/concern I have comes down to the market. I want to purchase a cabin in The Smoky Mountains, TN. The only concern I h...
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I have a property management company which I am trying to grow. I started out 6 years ago as a real estate investor so I understand the philosophy of minimizing all costs to maximize your ROI. The question though is...
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There are so many different methods in real estate...I got to wonder, what are the most used methods by investors out there? I'm working hard on a plan to actually free myself from the rat race and be an independent ...