As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...
Here’s my story, so I happen to be on of those naive millennials who continuously took out student loans without even considering the burden it would cost to repay them upon graduation. I’ve amassed about $91k in stud...
I found a 57 unit $4mil property in default, as a newbie should I. I have read all the particulars, analyzed and analyzed. I figure I can get investors to hold the $4mil for 4 years and I sweeten the pot somehow. All ...
I think its pretty safe to say that most people have their own opinion on the level of screening that tenants require in their market. Most people would run a credit check and possibly a background check.
Personally,...
Hi, one of my tenant just move-in and I already have a long to-do list. For example, he wants new carpet, new paint. Complained the fridge is too small, complained the washer dryer didn't hooked up properly etc...In a...
I'm torn between buying a few medium-sized multi family every year or just put my extra $$$ into syndications as Limited Partner. I guess LP in syndication will surely bring lower return than buy-it-myself, but how mu...
Me and my wife ar gearing up to buy first rental property, looking to buy in July/August and based in Minneapolis, MN.Any cons to using the 203k Loan? Is there a typical time/length of project?Familiar with FHA loan b...
Just finishing my open house with another list of prospective tenants I had received from Zillow... I have a few questions for my fellow city investors... - What has helped you find the most quality/qualified tenants?...
I purchased a property in Dallas PA with a HML for $70k and put $70k into it. As you can imagine it was completely redone. The HML required an after repair appraisal And the appraisal came in at $200k. I went to do a...
Hey BP! I just wanted to share my experience on my first flip in Phoenix, AZ! When I say this is my first flip, this isn't counting the previous live-in flips that I had previously done (which was fantastic for lear...