I've recently gotten into a deal that has not gone well at all. I was referred to a company called Chicago Action Investors who, in my behalf, took out a few high interest loans, and sold me a property with a promise...
Hi everyone,I just purchased a duplex in Grand Rapids, MI. The norm in the area for multifamily units is for tenants to pay all utilities except water. Because of this most duplexes have one water meter and the owner ...
I need advice on my situation. I, the owner, did a seller finance 5-year contract on a house in Texas. That contract expired last year. Buyer is still paying same monthly payment. I'm in the military and was in the m...
I have found 6 or 7 multi family properties that I can't seem to nail down contact info for. I'm typically EXTREMELY good at digging it up. I'm using Realist to track down the owner's name/address. Most of them are he...
I still have yet to find a property that makes sense. I'm working on it thought. Let me ask a question. I'm reading a book and it strongly suggest to contact the owner of the property as the very first step. Is that n...
I'm currently managing a small apartment complex, and the owner has offered it to me for below market value on a land contract. Roughly $240K value, LC would be $200K with a 5yr balloon. Balance due in 5 years will be...
Hello everyone! I just thought I'd post a little update on my progress so far in attempting to find my first deal. Like other new investors, I'm planning on using the fha program to owner occupy a multi family home....
Hello bigger pockets community, I am a new investor in little rock looking to buy and rent out a triplex or fourplex property. Besides finding a good deal , i know that I need founding. With that being said my questi...
HelloI'm currently in a position where I have signed a 6-month fixed term lease, paying $800 per month (effective January 1 2016) - with a three-month termination notice clause. My landlord is interested in selling th...
In this scenario, lets assume the mortgagee and mortgagor are both in agreement and would like to terminate the existing mortgage agreement (rather than pursue foreclosure). Is this even a feasible solution? I could n...