The property I'm shortselling has mold on the walls in a couple of the bedrooms. Small house needs new roof. Is that a strategy you would use to get a rock bottom price from the lender?
Would you state that in your l...
If you have $100k to invest and put as a down payment, would you get 1-2 places that have a Cash on Cash (COC) of $500+ a month but no appreciation, or 1 place with a 5-8% appreciation each year but you break even or ...
Hello fellow BPers! I had an out state property owner respond to my yellow post card marketing. He owns a duplex (2 bed, 1 bath units) in the DFW area that he wants to sell. He lives three states away. He purchased...
The 50% rule (or guideline) says you should not exceed 50% of your gross income in debt service.I.e. Principle and interest payment every month. Example, your gross rental income for the month is $1,000.00.Therefore y...
Hi guys,I am evaluating a property that has well water but the sewage is connected to City. Checking online, it shows that 3-4K to place the pipes, then another 2K in the specific county to hookup to city. So total ma...
My son is moving to Farmington Hills. Any suggestion for the area. He will buy or I will invest on any kind of property. Is anyone have any ready to move property? Thanks.
I'm energized to relay I acquired a duplex in Atlanta. That said, I'm looking for a property manager. So, I am now seeking recommended companies you all may have experienced. Thank you for sharing!Travelle
So me and the wife have a house buying company and do rentals and such. We have a website, i do bandit signs and flyers everywhere. Do a lot of facebook posts too. So we are looking into direct mail with a company cal...
Hi, I want to buy my first investment property, and I'm trying to learn all I can about how to use my own money. I'm looking into setting up a self directed IRA, that I can manage through my LLC, but it's proving very...
Looking to buy a trailer (that’s not in a park, no HOA), and rent it to section 8. Is that possible or smart to do so? I’m located on the Illinois side of St. Louis.