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What kinds of improvements add the best value? We currently have two flips in process, and I want to make sure we don't waste capital on improvements that won't return value. I will give you the general specs for this...
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Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...
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My husband and I recently purchased a house in Lake Forest, IL that needed some rehab. We did all of our due diligence (three mold companies, chimney inspector and regular home inspector). After beginning the mold rem...
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I personally believe that any strategy for REI must match the particular market and the resources a person has available. There have been some recent discussions about the buy and hold strategy and of course there is...
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I'm trying to understand what options I have to gather more information regarding an abandoned home in a neighboring town. The house has been vacant for a couple years and is in a nice neighborhood (values around $40...
Hi all! I've been educating myself through audiobooks, podcasts, the forums, and webinars and I think I'm finally ready to get started! Just not quite sure where to begin..About me:
794 credit score$150k liquid asset...
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I'm looking at some turnkey properties. I see property managers charging just 8% of rent and thats not much considering rent can be less than a 1k a month. I also seen turnkey rentals where they even set up the LLC...
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Hi All,This is probably a dumb question, but when you buy a deal from a wholesaler, is it a good idea to work with an agent, or should you just work directly with the wholesaler? If so, is there a place I can find the...
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and wondering if I should rent until things improve? My homes are in a lower class price range($54,900) and go almost completely unshown. I have them priced well below value(where it should be anyway) and they are nea...
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I have 3 units under my belt as of now and all are cash-flowing pretty well, but I am still stuck in my dead end 8-4 job and I need out! I have put up with it long enough to get me where I am now but it's mentally dra...