Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...

I'm not sure what's going on. Typically for my 2-unit buildings the quarterly water bill is around $40. Both apartments are 2 bedrooms and fully occupied for this price.Last year, I dealt with a huge leak because of a...

WOW, were were looking into putting our few units into an LLC to protect our personal assets in case tenants sue, and my accountant just advised me that apart from paying to FORM an LLC, there will also be an 800$ tax...

What are the legalities behind wholesaling? If i am not a licensed Real Estate Agent, is this ok? I am curious to know the laws & rules behind this. Thanks!

Thanks to the help of @Michael Noto myself and my partner are closing on our first property in New Britain, CT tomorrow afternoon.  This is in a good neighborhood, directly across from a school- a three family unit.  ...

I am 16 years old, I live in Buffalo NewYork. I have done a lot of research, and i will continue to study and learn everything I can. But I would like to know, how can i get my foot into the door and really learn the ...

I'm a property manager in Palm Beach County and I've grown increasingly frustrated with the costs associated with appliance repairs in recent months. This is causing me to reconsider only using used appliances in our ...

Maybe you are finding it different in your market but it seems here in Houston EVERYONE is a Wholesaler! No one is buying houses it seems to rehab or renovate, only looking for deals to wholesale!Don't get me wrong I ...

What I am about to reveal below is a chapter of my life that, truth be told - I am embarrassed about. However, I have decided to share my story to inspire and teach a lesson to all investors, specially newbie investor...

Hello, BP!

I am currently saving up for my first property and my goal is to have my first rental property in Houston, TX by the end of 2018! I am starting to become a lot more familiar with REI but one thing I’m conf...