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I was looking at a property that had extremely high taxes in relation to Gross Rents:
2 apts $500 ea, $1,000 Gross
Taxes: $4,250/yr $355/month
...
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What are your thoughts on this deal?
It's got 4 1br/1ba units. Comparable rents in the area are $350-390, some including partial utilities.
Asking price is $29k and it needs "about" $25k in repairs, which can be ...
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I've seen it thrown around a few times but, I am not sure I fully understand what it is. Please enlighten me.
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Railing or not?
Okay, I have a slightly obese tenant. Pushing 400lb. Has a hard time getting out of his car and moving around in general. Uses crutches, and has obvious feet problems. (swollen) No judgement here, just...
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I am closing on a duplex tomorrow, and one of the tenant's has a fixed lease through July 2019. The lease agreement specifically states that there is to be no range in the unit, but there IS one in there. When presse...
I was just wondering if anyone here is house hacking in Indy and could share their experience. I'm looking to relocate for work and I'm having trouble finding suitable multi-families so I'm thinking about renting a r...
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Hey everyone, I'm Sean Nugent. I come from a tech background and have had the privilege of training with some of the top 3D Printing Construction machines in the United States.
In the upcoming months, I have a uni...
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Hi
I need some help understanding the steps to financing a BRRRR.
If you're using hard money, do you secure financing before or after finding a distress property to purchase and rehab, or do you get pre-approved and...
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I have a some properties in the Bay Area - CA (Hayward, San Leandro, and Pleasant Hill) that I’m leaning heavily towards MTR instead of LTR. All of them are very close to hospitals (2-10 mins max). Some are ready rig...
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Hey BP,I am sole managing member of my LLC, which currently owns a property that was financed by a private lender (friend of family). I need to sell this property for less than what I owe, so it would be a short sale....