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I am in the process of buying 3 duplexes that are undervalued because of rents. They are renting for $800-850. Market rents for this size in this neighborhood. should be 1100-1200. Once you purchase how do you rais...
Was up early a few weeks ago listening to a radio show about RE investing. It was Bob Diamond. Somewhere along the way, I called their number to get their free audio cd's and book. Ive been listening to the cd's on...
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Good evening, so happy to be here, and look forward to getting involved in the world of real estate investing. I've been thinking about getting involved for some time now, just can't seam to pull the trigger. I've pur...
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Hello friends,Please see the investment summary at the bottom of this long post.I just got off the phone with an owner who NEEDS to sell no later than December to avoid paying taxes. He has no income and has just inhe...
I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...
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Hey Everyone!My name is Michael Ablan. I'm new investor from the Upstate New York area! I'm a newly licensed real estate agent, and landlord. In my free time I do a ton of mountain hiking, kayaking, reading, flippi...
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Hello BP I'm sure I'm the least experience and know the least about REI. I have been reading numerous forums about starting out in RE for the past few days and I must say I am very excited in trying my hand in this bu...
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I am wondering what is a typical budget for a live-in flip. I am planning on buying a primary residence that I can get as a decent fixer-upper. It can be move-in ready and could use some TLC to increase the value of t...
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Location: 619 W Howard St, Muncie, INOriginally listed for $50,000, offer accepted by bank for $20,000 (cash)8 Units (2 2BD/1BA, 5 1BD/1BA, 1 Studio)4470sqft on a 7772sqft lot.Taxes $1646 per year.Assessed at $82,300,...
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Hello Everyone,
Greatly appreciate any thoughts on the matter.
We have a property in Big Bear, CA and it is making a small profit this year, but it is strictly an STR. We have decided to focus on Midterm rentals an...