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Joe Boggin when to get my second rental?

7 October 2013 | 2 replies

i closed on my first rental last month. i replaced the electric service and upgraded the kitchen. my first tenant is in and rent will be paid by end of month! i own the house free and clear and i want to obtain a...

Account Closed Potential deal query

24 April 2014 | 1 reply

So i came across a bank owned property in in an exclusive country club. There seems like there could be a way to make money on this and not sure if it's justified. So I humbly seek your opinions, and advice as I am...

Michael Dunn Paying more than 70% , if you

9 July 2014 | 4 replies

plan to do most of the upgrades and repairs yourself

If you plan on doing the work yourself, can you then " safely " pay more than the 70% rule states ? So can you now pay 73 - 75% vs 70% , if you're going to...

Carmen L. Eval This Short Sale

30 January 2013 | 3 replies

Hello,

Short sale List Price 110K

Final Asking 115K

Potentential Final Offer 115K

Immaculate, custom, SFH, short sale, no repairs needed.

Taxes 1400 per/yr
HOA 150 per/yr
Prop Insurance 700 per/yr

financing ...

Christopher Boggs Is it worth staging an 80k ARV Flip?

11 April 2013 | 5 replies

We are a couple days away from completing renovations on our first flip. It is a 1200 sqft, 3 bed / 1.5 bath SFH with an ARV of 80k.

Is it worth paying to stage a house like this? If so what would you expect to pay ...

Rik Hunter My REI pickle: VA loan residence limitation

18 December 2020 | 1 reply

Newbie investor, and my situation is likely atypical, this being about VA mortgages.
I bought a duplex several years ago (0 down at 3.75%; house-hacked) and refinanced at the started of Covid before I finished the r...

Logan Rand No money down seller financing, but negative cash flow

14 December 2020 | 1 reply

Hey everyone,A family friend is a real estate investor who has decided to begin selling his portfolio of rental properties via seller financing. While many of his tenants have taken him up on the offer, he still has m...

Dan Collier New Investor in Maryland - Are Exclusive contracts good?

25 January 2021 | 3 replies

Hi everyone! This is my first post. I just finished reading the beginner Bigger Pockets book and I am excited to get started! I own my home free and clear and am now looking to upgrade to a bigger house, and turn my ...