I'm in the Northern Virginia Area, and looking at purchasing a 2 bed/2 bath condo. The condo was assessed at 235k and the seller is asking for 200k. realtor.com says the expected appreciation for the neighborhood is 4...
I have a tenant who contacts me weekly for repairs. Some are legitimate and require a specialist, while others are trivial, such as replacing a sprinkler, and it's getting very tedious.Which repairs can I reasonably e...
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Hello everyone! I'm new to investing and have been trying to find a buy and hold property for a long time (off and on). I found a house on homepath and put an offer for 54,900 and the ignored (listed 67k), we went up ...
Hi guys, short rant here and need advice.I'm pretty new around here, and ran into a first of a kind situation today that I need advice on, so I figured I would start here.I'm a property manager trying to grow and expa...
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I am trying to decide if it's a good investment to purchase an AU or two before I apply for funding. (I'm going either the HML or Portfolio route). If they look at income, liquid assets, and debt to income, would avai...
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Hi Everyone, my older sister rents a house in downtown San Diego, and I wanted to reach out for her on here. Two months ago, she and her husband/young kids moved into a 3 bedroom house that rents for $2900/month. It's...
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So I have my first prospect being sold with "offers due by" a certain date.
Next size up deal for me.
How do you guys play these?
The appraisals that came with the supporting documentation are way out of line wit...
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Hello,
I was presented with a problem recently and am stuck in finding a solution.
A friend of mine was given control an appartmet complex by his father last year and he does not know what to do with it. He has no...
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Hi everyone,I was looking at an investment property that returned a 5% cap rate after renovations. The cash on cash return is basically 1%Can everyone give their two cents to what their cap rate is on your properties ...
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Hello friends!I have a self directed 401(k) question that pertains to disqualified persons. Here's the scenario, my father wants to invest in real estate with his 401(k) self directed and he wants to hire the ...