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I am trying to rent out my condo. Zillow gives a monthly rent estimate of $2,200. Rentometer estimates an average of $3,500 and a range of $3,000-$4,000. Apartments.com estimates $3,500. BiggerPockets estimates $2,500...
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Some Perspective... 0.15%
That's the percent of American people who have Covid-19 at the time of this writing. NOT even 1% of the total population.
Suppose the disease were to quadruple before this is over, that w...
I've been presented an opportunity to purchase 12 non-performing notes for some duplexes. My question is what could I anticipate the cost being to foreclose on these notes? They are individual loans but are all owne...
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Hi all,I am looking to get started with notes investing. The more I read the more I am confused as to where to begin. So here are some of my questions and I hope someone can point me in the right direction. Should I...
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I am in escrow on a property that has a solar lease agreement in place with a company called SunRun. The property was foreclosed, so the agreement appears to be null and void, though we have the option of assuming the...
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Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...
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Hello Fam! I got a HELOC on my primary residence for about 400k. I was thinking I can use those funds for the down payment and closing costs for turn Key properties in Ohio. Then renting them to Section 8 Tenants. ...
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Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
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OK. So here is the situation. I was in the process of purchasing a rental property through a Turnkey company that was asking $261,000 that just appraised at $226,000. Of course, I am not paying the original amount an...
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Okay so there is this guy, he wasn’t very wealthy at all. And now he owns multiple high rise apartment buildings. And is loaded. My question is after he got the first one. And paid all that money. How did he afford to...