Hello all,I have a quick question about the BRRRR strategy. I am planning on buying my first owner occupied duplex in the near future with an FHA 203k loan, allowing me to roll rehab costs into the mortgage. After run...
Details.
1 rental property great renters, they are interested in buying it one day.
2. I owe 90k on original 100k loan @ 5% =$535 or $735 (payment + tax + insurance )
3. Currently rents for $8...
I would love to hear from others how their short term rental management commissions are set up. The manager for my short term rental charges 30% of gross revenue. However, they include municipal taxes and fees as part...
Hello everyone,I’m a local investor in the Hampton Roads, Virginia area. I purchased a property last year in Norfolk that was in pre-foreclosure and needed some minor cosmetic fixes. The appraisal came in well above c...
Hey there!Our tenant owes us 3700$ and he said he is planning to file for bankruptcy.Somebody mentioned that instead of turning the debt over to collection (which charges 40% of collected debt), I can do this effectiv...
Watch out for this SCAMMER Javier Miguel private lender. He is full of shit and will scam you by using Western Union. LinkedIn says based out of Chicago, ILL
What are good states/cities to start looking into for turn key rental property?
As an investor I am currently negotiating a buil-to-suit NNN lease that I am building from the ground up and will have a lesser known national fast food franchise as the tenant. I will be getting a 20 year lease but I...
I'm really glad to see local sub-forums and wanted to kick off the discussion here. Hopefully some keyword alerts for Boston, MA and Cambridge, MA draw folks in.I'm a new investor based in Cambridge. My wife and I wan...
Guys, I was wondering if there was any law that would prohibit me from putting up a big sign in many of my job site construction fences that say "we buy houses", But only intend to put houses under contract to assign ...