Val Dufour
Turn Key Magic?
So I see ads like this all the time....
http://www.ebay.com/itm/Memphis-Fully-Renovated-Rental-Properties-80-Financing-Qualified-Buyers-/330863348512?_trksid=p2047675.m2109&_trkparms=aid%3D555003%26algo%3DPW.CAT%...
Thomas Bernard
Deal analysis needed - 4 units in Elkhart
Hello,
I can buy a 4 units building in Elkhart (Indiana) built in 1900.
There are 3 1beb/1bath and 1 2bed/1bath.
If all units are with tenants, I can hope a cashflow of 1400$/month.
The price is 5.5k$. I can invest 3...
Andrew Rosenbaum
How To Get Rid of Tenants AND a Squatter
Just got my first deal under contract and it's definitely an interesting one to say the least. It's a triplex set up like a twin with one half of the property being a single unit and the other half being two units. Th...
Dan Griffin
Need ideas on how to secure funds for a SFD
I have an opportunity to buy a great property in my neighborhood. $210,000 My wife and I would like to live there in 2-3 years when it is time to downsize. In the mean time I will rent it out or use it as an AirBnB ...
Account Closed
Confusion over using 401(k) money
I've been reading a lot about using a self-directed 401(k) to help with funds for a buy & hold rental property. There are a few things I'm a little confused about. 1.) Everything I'm reading says you can use a "se...
Arne Olsen
Foundation issues in Zmanchester, CT
We are planning to purchase a condo in CT. How do we determine if a development is free from the crumbling foundation problem?
Rijm D.
Accounting for 10% Property Management, what about 1st month rent
I do and I see everyone accounting for around 10% for PM service, but where and how do you account for the 1st month rent they may charge? Or is that not the norm and most really just take $90 of $900 rent to move a n...
J. Jake stone
Purchasing a occupied property outstanding water sewer bill
Interested in purchasing a duplex occupied currently with tenants what is the best process /way to proceed Talk to the my real estate agent he says there’s no information available on the tenants-what is the best wa...
Sam Williams
What would you do? Owes $96K It's worth $53K.
I met a sweet little 87 year old woman today in her apartment. She owns a beat up house in Largo, FL. Somehow she owes Wells Fargo $96K (HELOC?) but the tax office says it's worth $53K. It probably needs $30K in re...
Nishan Mann
First time va loan use
Hello I was wondering if there was anyone out there who has used their va loan recently in Northern California? Looking for some guidance anyone care to shed some light?