After overworking every number possible in a possible flip property, I'm ready to make an offer on a property. I'll be meeting the homeowner Monday to discuss that offer. I came across this property prior to it bei...
My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Hello, I've heard of certain ways to save on materials for example buying gift cards on craigslist (even though this might be risky since scams), but I was wondering if anyone could share any other tips or tricks to s...
Good Afternoon military BP,I’ve been trying to educate as many fellow military members on real estate investing and how to maximize the VA loan to get in the game. I don’t know if it is just a military thing but we ha...
New guy here - 34 years old and I've been working as a Mechanical Engineer for 12 years. Plan to continue for another 20-ish. Just now starting to learn about REI and have been trying for a year or so to just look a...
Anyone else considering doing this? Is this a crazy plan?My plan:
My wife and I lost daycare so we're splitting time off to take care of our children.
We have significant cash reserves and 75% equity in current RE ...
Hi Everyone, my sister would like to sell her rental property for $300,000 to my wife and I. The property currently has tenants who signed a two year contract for $1,600 in rent.
Purchase price will be $300,000 and...
With properties prices going up like this, when do you think rents will catch up? Do you think we are in an economic environment to have a raise in rents?as a background I have some properties in Houston, Texas. Ove...
Hi there, I am looking at a Duplex in San Francisco. The current owner pays about $500/mo on property tax. The property was sold in 1999 for less than half a million. The assessed value of the property doesn't seem to...
Hello All, New Member With A Question,I'm hoping to tap the collective wisdom about our situation. We (myself and spouse) are relatively new to landlording, say between 1-2 years (5+ years if you include renting to f...