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Hello all and Happy New Year!
Looking at potential Commercial Multi-families to invest in the next year or so and have come across a few mobile home parks that have interested me. For those of you that own/manage m...
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We are closing on a legal duplex where we will be living in the main house and renting out the back house. The back house has separate gas and electric lines, but we're debating on adding a water line. The cost will b...
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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...
Hello, my name is Cathy. I am in Johnson County Kansas. I have always had a thing about houses and wanted to get into real estate for many years. My goal is to have rentals, and turn fixer uppers. I am very new to thi...
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I am starting out bidding at the county steps but can't seem to win one. Everyone tells me to not bid above 70% of market value. Is the correct? or do i bump it up to 75/80 %?
Thanks, Matt
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Hey BP,Just closed on my 1st deal, 3/2 1300 sq ft SF in Jacksonville. Paid $25,500, will cost $18,000 to rehab, ARV $65000. I'm using the BRRR strategy. Average rent price for similar homes in the area is $800-$850. R...
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Hello! I am in the middle of my pre-approval process and my plans have encountered a bit of an obstacle.I was planning on using FHA as a first time home buyer with the goal to owner occupy a duplex. This financing opt...
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Recently I reached out to @Bill Gulley for some advice and I thought I would open my question up to others on the forums for all of your great insights!
Here's a little background on me...
Recently I earned an MBA ...
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I have been looking in a certain area for some time now and about once or twice a month a property pops up that seems much better than those that have been sitting on the market for a while. I now (think) I know wh...
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I am a new investor from Denver looking for my first deal (probably out of state). I don't have much in the way of personal funds to start investing, but I probably have around 75k available if I were to take out a HE...