Here's a list of my pros and cons of medium-term rentals as compared to traditional LTR. This list is based on my own personal experience of running a monthly rental in Austin, TX.Cons:1. More turnover - My average st...
So I like to ready different real estate article on a daily bases from forbes, yahoo, msn, realtor.com etc... Today I came across the most ridiculous article! It simply states that Fannie and Freddie see short sale fl...
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
I recently made an offer on a duplex, it's 4bed 3bath front unit + 2bed 2bath rear unitcurrently rear unit is rented for below market price at $930, market is around $1100-1200, rear unit is in very good condition and...
I've purchased my first property in Northern Illinois about 30 minutes south of Joliet. It is a 1400 sq ft single family in a C class area that I plan to rent.The place will need all new utilities/appliances. Two la...
So what would you do with these stairs and flooring for resale? So this is a split level with a sunken entrance and the builder did not put in an 84 inch tread. The treads are $110 each and the risers about $4...
Ok, so I am ready to pull the trigger wholesaling. Here is what I feel to be the step by step process. Please let me know if I am forgetting something:1. Marketing for motivated sellers2. Communicate with leads. 3....
Ok everyone, my wife is bugging me and I know I can get a quick reply here. Im closing on my first wholesale prop right now looking at around a 30k profit after selling the contract. My wife read something online that...
Hello, fellow landlords! I bought a duplex in October that needed work. I inherited a tenant on one side and the other was vacant, so I went to work fixing and updating the vacant unit. It's now complete, and I was ab...
I'm looking for some advice on an appraisal dilemma. I recently purchased a home through a hud auction. The house was in need of some repairs and TLC and was listed well below market value for the area. It needed l...