Hello to all!I'm considering the purchase of an REO with major mold issues. The good news (at least it seems like good news) is that the cause of the moisture was a burst pipe not a leaky foundation or some other myst...
Hey new to the site and new to the whole investing in real estate. I have read couple of things on the site,what caught my eye was buy and hold process I think it would be best for me. I my trying to give myself bou...
Real Estate creates a euphoric headache for me while trying to learn all that I can about it. The anxious feeling I get makes me want to get the ball rolling right now but I know In my heart and mind for this to work ...
How do you analyze a rental property if you know you are going to use an FHA loan for your first deal, while using the 2% and 50% rule? I know how to do the rules but how do you incorporate the right numbers If you kn...
I've lived in my triplex for about a month now and have two high ticket items that I think should be taken care of asap. 1- The roof is starting to leak and hasn't been replaced since it was built in 1983.2- All the w...
Hi All, So I had this property passed to me by a friend who is handling a couple of the units. I personally don't see anyway to make the numbers work but would love for anyone to take a crack at it. The posting is be...
Hello BP!!
I was approached by an Denver RE Broker/Investor asking to partner up on a deal. Here is the info and options he gave me:
Under Contract at $675,000 - Currently a 1 story home w/basement.
(he's getting ...
Hey,
I have found a new investment propertie in Cleveland with owner financing (10% down and 7.5% interest). Here the data:
Purchase Price $54,750.00
Total Annual Income $34,200.00
Total Annual...
Let’s be honest – unless you are an insurance adjuster you have no idea how to read, review, choose, or decipher an insurance policy that is best for your property. Sure, you might have an agent you trust to get your ...
Hi guys! Thanks in advance for reading and responding. :)I'm new to wholesaling and believe I have found a lead worth following. I found a FSBO home on Zillow that has been listed on and off for the past 5 years. The ...