Hi! I have a question / would like some advice on how to proceed. Specifically with first negotiations numbers on a particular property I am interested in. What I need to come up with is an initial offer that the sell...
I currently own one single family rental property and am looking to purchase a duplex or a triplex next to rent out. Would it be in my best interest to create an LLC?
I'm a newbie here and am looking for all the guid...
I'll never forget the first time I stumbled across the self storage business.
I was on a trip to Florida in early high school with my Dad. We would often drive to Florida together to visit my sister, who at the time ...
Please advise , on duplex
Asking price 90k
2 units currently rent for 775= 1550
Tenants pay all utilities
Annual taxes 2000
Homeowners insurance is 150 a mouth
This Duplex is in metro Detroit
This is my first...
So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
So Im getting my feet wet with apartment complexes and came across these off market properties. Here is the deal....Property is from about the 50s with some work done to it in ~80s. Current owner purchased for $350K (...
Hello,I have made offers on my first 2 properties (YAY!) and both offers have been accepted (motivated seller- Husband doing rental property and he has passed away - while working on a rental) So both properties lis...
Hello everyone! I am fairly new to real estate investing. I was recently laid off from a marketing communications job that I did for 25 years in oil & gas and now I'm trying real estate investing full-time in the ...
My first post!
My experience:
Fix and flipped sfh in 2012. Made 27k, ~25% ROI.
Fix and Flip sfh in 2013. Made 7k. ~5% ROI.
Bought a rental sfh with two partners in 2013. Earning ~13...
I have seen a condo $99,900 for which 1000 to 1100 is the rent expected. $ 30 HOA fees. This is a college town and the property is about 1-1.5 miles from college. What do you think should be the good offer price and...