After 9 years in investing in a 4 unit in DC with section 8 tenants, intense city govt regulations, multiple fines and tons of (painful) lessons learned, I am done. The tipping point is the recent DC Government legisl...
For those of you who are unfamiliar, a man was able to trade his up from a red paperclip to buy an entire house in just under a year...
You can read the story and see the various trades he made here: http://en.wikipe...
I just got the HUD today and $350 fee for "mandatory compliance" was added to the HUD by my buyer's agent broker. Buyer's agent did not return my phone calls or emails about it. I called his broker and he claimed it w...
Over the past couple years I’ve picked up nuggets from BP that played a large role in the following deal. There are several people that have contributed an immense amount of knowledge to this forum and I am very grate...
Hi all -- I recently rented a property I own, and a tenant I denied (including denial letter) asked me if they could still see the property. I was a bit puzzled, and it turns out that someone took my post and re-poste...
It's the age old dilemma. The nicer (and higher demand) areas are more expensive but command higher rents. The lower end areas are cheaper but demand more repairs/updates and are harder to rent out. I'm in Dallas and ...
Hello everyone! Happy thanksgiving!Like the title says I am a new investor (one year into it). On my first property, we moved out earlier this year and have been renting it out. I refinanced and will dive into the num...
I've been doing a lot of reading and research regarding land trust and I am interested in learning more and possibly using this as a tool as I progress in my real estate journey.My question is, can you form a land tru...
I have an investment property that has a crap-ton of equity from appreciation, about $250k in equity. My credit union will give me up to $100k in either an investment HELOC or investment equity loan, which I'm plannin...
I have a 4 unit that I'm considering letting go to 1031 exchange for something bigger. The problem is, the last person that bought a building similar to mine in this town, was me.... There's nothing like it that's sol...