I will be purchasing two properties - one for approximately $20K and the other for $35K. Both have renters in them, one paying $740 per month ($20K property) and the other $850 per month ($35K property). I will be p...
I've gotten some good advice from this forum before; so, I'd like to take advantage of it again. Hopefully someone can help me with a current dilemma of mine. I'm about to take a work trip that would generate a good a...
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So what I’m thinking about doing is putting up the money for a flip my self. Then working with a contractor friend of mine who would then put up labor and materials and after we would split the profits off the percent...
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I want to fix and flip a home. Specifically add-a-level to a single family and upgrade the initial first floor. If the home purchase price is 300k and the ARV is 450k, would a realtor agree to waive the 3% buy commiss...
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We are looking for advice on how to move forward with our situation with a tenant. The tenant's last rent payment was made in November 2021, and it was an accumulation payment because the tenant was 8 months late on r...
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I've got several properties with the unique advantage of having my father, a 20 year veteran in the property management business, manage them . He works for a property management company that I pay a 10% management fe...
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Hello,I am pondering my first seller-financed deal on a duplex. The seller will sell it to me fully leased at 5% amortized over 30 years with balloon payment after 7 years, interest only.I'm pretty happy OK with the t...
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I watched an video by @Brandon Turner that talked about a property that he purchase and put a 15 year mortgage, so he would be able to refinance it about the time his daughter is ready for college. My question is wil...
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Hello. Learnt so much from this community. thank you one and all. I have bought 3 SFH in dallas area in last 1 year. come Christmas I am thinking about sending gift cards to all my tenants. can I charge this as tax ...
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Someone please explain to me how to create my first cash flow property...I'll use easy round numbers to simplify. I pay $1000 per month on my own mortgage. I have 100k equity I can access for a HELOC. I open a HELOC f...