Hello all,
I'm in a relatively new REI with a goal to buy distressed properties and holding them to serve as rentals. I recently closed a deal and the property requires a fix-up (kitchen, flooring, ...)
My question i...
San Diego has pretty low cap rates in 4-5% range.Where can I find higher rates around 7-10?
I'm negotiating with a seller here in PA and I'm wondering if this makes sense to the guys with a little more experience in multi-units. 4 units in 2 separate houses on the same block. Asking price: 90,000 Gross Incom...
Last year I bought my first home using a Future Value of Appraised Home - a construction mortgage.It was a 5 BR/1.5B on 0.4 acres (big lot for the area), in the Scranton, PA area that was quite dated and needed a lot ...
I am currently in the process of being preapproved for my VA loan. I plan to have my letter tomorrow. I am a regional airline pilot in Houston and have many coworkers seriously interested in renting bedrooms from me...
Alright,I have a challenge for everyone. I'm not sure if anyone has read "The Real Book of Real Estate" by the Rich Dad Team but they reference using a lease option as being an investing method to purchase a property....
I have a 3/2 unit in Orlando that is paid for. It is located in an investor Mecca complex. The management is shoddy and has allegedly embezzled @ 4 million in the last decade. No one cares….My unit has been vacant for...
I have a question to ask and I really don’t know what is right or wrong so I met somebody in January and we agreed that my fiancé and I would move in to the home on 1 February. Love this beautiful home. It was exactly...
A few weeks ago I'd received a call from a man informing me that my tenant (his mother) had just passed away unexpectedly. I confirmed this with the local police department as well. The tenant was an older woman who l...
Forget boring piggy banks and stale savings accounts. Imagine building a real fortune while you're still rocking braces and cramming for history tests. Sounds unreal, right? Well, hold onto your backpacks, because we'...