Greetings! I am excited to jump into REI! However, I wanted to know how much do I need to know about being a landlord before jumping into a multi-family property. 1. Best way to introduce myself to the tenants? ...
Hello, I have this good opportunity buying a complex. Seller offer private financing for 10 years @ 5% interest rate. Cap rate is 10% @ $2.2m ($400k DP) and I'm calculating approx. 33% annual profit at these rates. Al...
I've found a 2-family property in Bushwick, Brooklyn where the seller is willing to carry some financing (he has a $400k mortgage to pay off). He is asking $850k for the house, and it probably needs $150k in renovati...
Hello everyone! My name is Valerie, I’m 27 and I’ve never been a homeowner. I thought why not buy a duplex of some sort and live in it while I rent it out? I’ve been listening to podcast and videos to gather more info...
Is it necessary or worth taking a property management for a single house? It’s a townhouse 3b2b at Orlando. Please for honest advice
Thanks
Hi,I'm deep in review on a SFH in NJ, we already determined the SOW, all fits the formula. Our contractor noted a crack along the main beam of the house (in basement) I ordered a structural engineer today who determi...
Hi All,We found what seems to be a good deal on a property where 7 units were built, but only 5 are being sold. My wife and I are looking to house-hack, but don't want to pursue a commercial loan. The description says...
I unfortunately am a very introverted individual, and I have to work on becoming more comfortable with interacting with others. With that being said, what do you think are handy tips on being professional when talking...
Hey All!I just had a conversation with a friend (You know where this is going) and he wants to partner up with me in REI. Our situations are very different. For one, I'm in another country/continent and he's back in M...
I made a verbal offer to a seller on a distressed property and I realize I didn't due my due diligence well enough. The seller called me back and accepted. Its a very low offer but in a warzone neighborhood. I am sup...