For the past month, I've been doing a short term rental for my 1 bedroom apartment in a 3 unit building. Now, I'm having trouble deciding if I should rent the other units short term vs long term. The other units are 3...
Have you ever did a simultaneous closing on an REO? If you have, please tell me how it went down! If you haven't, but know how it's supposed to go down, can you please share that?
Hi all! I wanted to get everyone's take on how you handle management of property taxes and insurance in your properties. If you have a mortgage, the lender will likely open an escrow account to handle that, but if you...
Newbie real estate investor in Las Vegas and first time posting. I am seeking out 4-plexes and found a property listed for $420K, monthly rent $3600. Net operating expenses about 12-14K. 3bd/1.5ba half a mile from an ...
BP- my name is Tamara and I live in the DFW area. I've spent the last year following the real estate market and learning more about it, finally feel ready to make the jump to invest (especially since the deals are com...
Hi all,
My first post did not go into much detail about the business financials. Based on the questions received, we pressed sellers on specifics and now have greater clarity on the overall health of the business. He...
Can you explain closing costs for different types of real estate deals? I'm sure that they differ from location to location, but what I really want to find out the different costs for different types of deals? 1. Is c...
Why should we still invest in real estate? Are there no better options, like a REIT's, Stocks, Bitcoin, or other things? Finding good cash flowing deals are damn near impossible. Prices are through the roof, Insurance...
Hello, Here is my situation. I just became a real estate agent a few months ago. I also work a W-2 job that allows for a loan program. I will be leaving this job soon to focus on my realtor business. I've been holdin...
What would you do? Our first property we bought as a personal place to live on a 15 year note from a family member in 2012. We have paid about half of the life of the note obviously. In that time, we moved, kept it as...