Good Day Team, I must say I have learn't a lot from this forum and the valuable information provided on this platform. I started investing in rental properties 2 yrs ago with my 1st one and currently am sitting on 10....
Hey everyone,I'm sitting here in beautiful Van Nuys, CA stuffing envelopes for some direct mailing in Florida. I'm wondering what everyone else is doing today to help grow their out of state portfolio. I grew up in Fl...
I bought a small residential house at a great price 3 years ago with the intent to fix it up a bit and resell it for my first investment. I did take advantage of the first year homebuyer program and after 3 years...
Purchase Price $856,000
Renovation Cost $550,000
Total $1,406,000
Q3, 2007 apprasial with quoted repairs $2,000,000
Expenses run 40%, plus vacancy (est. 10%).
Gross income is $330,000
Your thoughts?
Hi all,First, just a little background. If you want to see my question, skip to the end of this post. I have been continuing to learn thanks to BP: the podcasts are amazing and the content is so insightful.Lately, I h...
Hello all!I have done a search on here for short sales and it seems that they can be pretty time consuming when it comes to negotiating and getting to closing. I am looking for my first house to flip in the DFW area a...
The seller is an elderly lady who recently lost one of her children to a drunk driver and wants to sell her mobile home (MH) to pay for funeral debt. I want to help her solve her problem and make a profit while doing ...
Can anyone who has purchased a home at a sheriff sale share their experience? I am looking at the Sheriff Sale posts and I don't even know where to start. I see upset prices, are these the prices where the bidding sta...
Let's talk about Goldsboro.Sporting a median home price around the $200k mark, with average homes going for 2% under list in 15 days, and hot homes going for 2% over ask in 7 days. Non-market priced homes are sitting ...
Hello, I’ve got a client who is working with a PMC but hasn’t been managing it well. She’s asked for eviction previously (because of tons of tenant damages) but the PMC has not moved forward. Just last week the tenan...