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Hi everyone, I recently heard about a method some investors are using. It involves attending foreclosure auctions and identifying any properties that sell for a surplus over the mortgage, lien and junior liens. This a...
Hi guys, I’m 23 years old and currently have a rental condo. The HOA has been raised to $330 a month so I plan on selling it and reinvesting what’s left after paying the debt off... I plan on buying a SFH or a multi f...
I've been reading through the forums here and I've read a lot of posts about how the tenants should have the money saved up to pay rent in an emergency, and if not they should use a credit card or the money in their r...
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I'm curious how others would handle this situation.Two renters with multiple children were arrested for abusing a child. The child died a few days later and they are both facing murder charges and will never come back...
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Getting a good chunk of change back from IRS and I want to start investing by buying a property in the $80-$90k range ready to rent out but the wife thinks we should eliminate our debt first. Is it a good idea to get ...
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Last month, I purchased my first rental property in Baltimore for $117k and invested an additional $13k in renovations. Since then, I've encountered several significant issues:
1. **Air Conditioning:** The AC unit ...
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So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
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Intentionally triggering headline for this community, I know.
But, hear me out.
The policies that are so obviously destructive in many blue states (rent control, NIMBYsm for zoning, high taxes, regulations, fees) ...
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Well I was the high bidder on the 2 family property at 46 Harrison St. in Morristown. While the sale was still in attorney review, the attorneys for the auction house tried to impose a contract with all kinds of odd ...
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So I’ve been a sponge soaking up REI strategies. I’ve thought it thru, I know what I want to do, I know my end game, I know my target for a DP........
And here I sit. Waiting for my bank account to fill up. Don’t get ...