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So I (a newbie) checked out today a condo listed on the MLS (#1321480) and I want to see if I'm analyzing this correctly. Here are basics: List price (assumed purchase price): $114,900 with 20%down on conventional loa...
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Hello everyone,I have just completed the real estate salesperson course in my state and I will be taking my exam soon. I'm trying to get everything in order with a broker so that my license will be in order after taki...
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Pros and cons of 203k loan? Would your recommend someone to use this for first investment?
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Hey BP,
I am an aspiring REI looking to get started. The plan is to eventually finance my first acquisition. The first step I am taking in this journey is to acquire my Brokers license. @JScott rattled off a ...
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So i moved 150 miles from my residence and I'm renting it out starting May first. I could always ask my dad (who lives in the area) if he could go there if there are any problems with the tenant but I hate to but that...
Tenant has not paid rent for months, and I can't get him out due to COVID moratorium. Recently the lease expired and he moved out, leaving a lot of damage. When adding the missing rent & the repairs, I am looking ...
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The events of the past several months have really made me consider whether or not it's worth owning investment properties in certain states (I own four units in MA). It's not just the current laws and regulations. I'v...
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Hi everyone! so I am brand new as a real estate agent that I am doing part time and wanting to invest. I have been searching for a small property to start with in South Carolina by Myrtle beach just because I have a f...
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Curious to see what systems & processes you use to keep your GC accountable during rehab phase.
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Hello,
It's 2021 and I am creating my goals for the year.
I was considering the FHA 203k loan to buy my first property (deplux) and rehab it for a long term rental. I don't think I'd be able to though because ther...