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I’m working with sellers of a 6 unit. Agreed to seller financing for 15k down at 6% for 15 years. They’re asking 300k. Brings in 3250 monthly. The problem is they are unaware of actually how much work the property nee...
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On a different thread, I was challenged by my usual sparring partner @Eamonn McElroy. Our purely theoretical disagreement was over a $100k excavator to be used in a rental business, which I'd call a stretch to even co...
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Hello I am considering getting my real estate license in The State of Michigan. What would be my best route? Online classes or the traditional 40 hr classroom? Also wondering once i get license i assume i would have t...
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My mother in law is someone who has very deep pockets, cash of roughly 250-300k. She is very open about her finances and income. She is always the "Debby Downer" type, on everything. I would love to show her a c...
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Greetings all;
I have an SFH in Milw, WI, with a prop. mngr. I had my first tenants in March this year. PM gave them a checklist to fill out and send back; PM did not walk through property with them. They...
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Assuming I can purchase, rehab, rent and refi out all cash outlay while retaining 10-20% ARV equity while the property continues to support > $100 a door / month cash flow after expenses. Tell me why it doesn't mak...
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My wife and I are new to real estate and BP. We have been reading up on the material provided on this site ONLY. I say only because i do not want you to think that we have been sucked in by "Infomercial scam". We are ...
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I have a lead off my current YL campaign who is a Realtor. She has a property she no longer lives close to and doesn't want to manage from afar - she'd rather sell it and do a 1031. The comps she gave me I am in a...
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1 bed 1 bath 520 sf house in a college town in Texas
The asking price is $32,000. Plumbing and electric has recently been updated. It has central heat and air. The listing says it is currently being rented f...
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I recently did a hard money loan where I combined multiple self directed IRA accounts and money from my company as well. Basically my self directed Roth, my wife's IRA, and the balance was from my LLC. My administrato...