Derrick Jordan
12 Unit Apartment deal - Seller wants to sell with assumed Mtg
Hi All,I wanted to lay out a deal I am looking at and get others opinions on quality of the deal and of options to finance considering the assumed mortgage.Asking Price: $1,425,000Mtg to be assumed: $720,000; 4.68%; 5...
Susan Ali
Bathroom ceiling issue - Dammam Iskan (Housing)
Hi,My name is Susan and I am a newbie with each and every aspect related to real estate but I think I will make it a considerable portion of my investing portfolio from now on. :)For a start, there this is an old or p...
James Martin
BRRRR in Memphis Challenging Areas
For starters this not a post trying to persuade you to buy in low income areas. Personally homes that rent under $800 a month are the properties that I target that usually are located in less than desirable areas. It ...
Kel S
4th deal - Banks are so fickle!
Again, it's been awhile. Sorry about that. Just been busy with other things. Anyway, we looked at a house about three months ago...
2 bed (although there is a large finished attic that could be 3d...
Erik K.
Jacksonville - Squater House
I just purchased a house for a great price and now I know why. There was a tenant in place that didn't know the house was being sold out from under him... or so he said.When I previewed the property the tenant was th...
Michael Logan
Potential Large Multifamily Deal
Hello All,I am looking for any input you're willing to give regarding this deal. ** Seller is asking 2.5M for 66 units, as-is of course. He says he is selling because he has an opportunity elsewhere right now. I've ...
Justin Klinghagen
My first duplex renovation and rental!
Thought I’d share some details of my summer project. My first of hopefully many real estate deals! I’ve been reading books, reading forums, going to meetups and listening to podcasts for probably the last 2 years an...
Kurt Zarwell
Cost basis of owner-occupied duplex with improvements
Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...
Lara Ishtayeh
Should I wait to invest due to economy?
Hi Everyone,
I'm looking for people's takes on the market and investing at this time. With a recession creeping in soon, should I wait to invest in a duplex? I've been looking for months but I've been told by some p...
Lee Jackson
Rental Hot water tank and furnace? Or own.... Ontario Canada
Hi everybody, I'm not sure if this has been talked about much... I looked through the forums and didn't find much... so sorry if it's a repeat question.Currently I pay for all utilities in the bungalow I rent out....