Hello BP, I am writing you to get your vibe on a deal I am involved with. It's a 4 plex in deep south Texas. I am looking to burr with ARV at 300k.1. Financing 279,000 at 25% down so loan is 209,250. 2. Rents are...
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Hello All,
My name is Alex, I'm 18, and I'm in a huge dilemma and I figured I'd ask the community what to do.
My whole time through High School I was taking business courses, from accounting to international busine...
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So I'm 80% sure I'm going to be doing a deeper dive into GA, but I have eyes on OK, TX, MD.Lately I've been trying to glean info using google-fu and reaching out to agents in the area.What resources are you guys using...
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I just bought a house without scoping the sewer main. I know, big mistake, I agree. As it turns out, the kitchen sink started having trouble draining. I am going to get a plumber out to clear the blockage and blow out...
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If I were to purchase a property with seller financing, would I be able to acquire a HELOC to fund the rehab? If so, would that still leave me the option of refinancing with the bank in a few years--effectively pay...
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Hello,
Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...
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I served a tenant with a 3 day pay or quit notification and a 20 day quit notification today. He met up with me to pay his overdue rent ($1295). He delivered it in a plastic bag in mostly $1 bills. Frustrated I counte...
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Okay, a bit of a back story here. I have an issue in which I'm renting a house to 4 people on 3 separate leases. 3 of the people were on deployment for the past 7 months while the other is wife to one of the guys. She...
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Let's compare our notes and learn. Airbnb provides good stats about our listings here: https://www.airbnb.com/stats/views but they don't tell how good or bad it is. Let's share our metrics here so that we can learn if...
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So I have been anxiously waiting to get started in my investment career, but my lack of funds has prevented me from just jumping in and buying a home right off the bat, until now. My mom is (finally) moving out of her...