Wes Rowlette
New guy with lots of questions :)
My first question is this. Since I am new to this, and do not have much capital to invest, I am looking at investing in dayton ohio instead of here in the boise idaho area. The real estate there is extremely cheap giv...
Adrienne Bryson
Due Diligence Fee
I'm new to REI and another topic brought this to mind...When my husband and I bought our house (that we live in, not an investment), we paid an earnest money deposit that was credited to us at closing. We also paid a...
Jim Hamrick
Planning...getting the house ready to rent ?'s
I'm about 6 months out from having my house ready to rent. I live right next door and will be repainting, replacing flooring and doing some minor modifications.
My home will be a short term min 2 night stay max 1 mo...
Wen Guo
Chicago multi unit - too good to be true?
Hi everyone, I'm from California and fairly new to the Chicago market. But I saw some incredible deals there (comparing to the Bay Area), for example, a 4 plex getting $2400+/month would ask for only 55k. I do know it...
Dominick Marschall
Can a buyer back out of a PA last minute in this case?
Hello, I'm selling a duplex I have. I have a signed purchase agreement from the buyer. We are supposed to close on April 1. They bought with no inspection. The appraisal came back exactly at the home selling price wit...
Will Gaston
Finding the right buyer to target for 31 Student Rental Units?
All: I am considering selling a portion of my portfolio that consists of 31 total units that consists of 11 SFHs, 7 duplexes, and one 6 Unit property. Here's some background:They are located in Columbia, South Carolin...
Brian Zaug
Rental losses against personal income
Happy Friday! Cheers!So my wife and I are both teachers in NY. We grossed $251,000 last year on our w2s and we file jointly. We purchased 2 rentals properties (2 duplexes) last year and with the work/renovations ...
Account Closed
The Go Zone
I see investment companies pushing investments in The GO Zone (Gulf Opportunity Zone) in overseas markets and claiming the US government will give investors $38,000 just for buying a house.
The only thing I know abou...
Account Closed
How long did it take you to find your first duplex?
I'm starting to look for duplexes with a realtor. We've been looking for about 4 weeks now. So far I've looked at 6 properties most of them were in bad condition or in bad neighborhoods. Out of 6 properties I looked a...
Michael Giuffre
Mobile Home Opportunity - Please Help
Situation:I'm an investor with a few single family rental properties under my belt and am looking at this particular mobile home opportunity in North Carolina (where I live):-1 acre of land, convenient to several cent...