Sorry it might be a stupid question but can an individual be a hard money lender and if so what are the general requirements? And what are ways to protect oneself? And in case of default can the hard money lender ac...
I see a lot of online companies promising extremely attractive rates for conventional loans. Some have even said they do 3.75% with no points, with 740 credit or above. Now, I have talked to lenders in person and ever...
Hey Everyone, I am closing on my first purchase in about a week. I am house-hacking a 3-bedroom condo in Chicago by having 2 roommates each pay me $900/month+ utilities while I'm in the master. This might be a no-brai...
Just wanted to share this fix and flip we completed.I bought this house in very bad condition, from an estate, for $30,000. The house had mold, no insulation, and was in generally bad condition. I bought the property ...
I'm starting a direct mail campaign to high equity absentee homeowners, and I'm trying to setup a voicemail message for the calls that I can't take. I've read a bunch of blog posts that have differing opinions on whe...
What ratios are you seeing in your current SFH analysis? We know the targets of 1% rule, 50% rule, cash on cash return and desired cash per door ~$100-200. As these are targets, I would like to know what you are enc...
I'm house hacking in a duplex in Seattle. The vacant unit is listed for long term rental, but I heard of this company Pillow. Pillow manages your vacation rental through Airbnb, VRBO, and Homeaway. Pillow handles a...
Hi, I'm very new into learning about real estate so forgive me for any silly questions, I came across a property in a small town anthony NM, it is a very small duplex with two apartments in the back (total 4 units) 1s...
HelloI need some help in analyzing a deal. In the area where I am, there's hardly ever a multifamily "deal". So when I saw this, I wanted to look from other pros eyes as to why this didn't make sense for them. In othe...
Hi,
I recently bought a property and want to remodel the Kitchen and Bathroom. However, the contract returned to me with the following costs:
Kitchen ($13,600)
1. Cabinets -- Removing, Cleaning and Painting doors(...