I have a property that I am looking at, it is a converted house now zoned commercial. Property has been updated, has 11 parking spots, covered patio and storage building. Was listed at 239,900 and was just reduced t...
Hello. Looking at my first multi- unit. Here how it breaks down. Asking $52,000. 3 units. Two bedroom- $475/ mo. 1 bed $400/mo. Efficiency $200/mo. Rent=$1075 Those are current rents. Efficiency and 2 bed have long t...
So I closed on my first multi a few months ago, a quadplex. This was the previous owners only property & he self managed. The property was fully leased far below market value so I have been expecting to update the...
What's the best way to loan private funds? I know a lot of people who do it in their own name, but would it be better/provide more protection to loan via an LLC or something else?
Hi BP world!I'm closing on my first duplex sometime in September. It belonged to my spouses aunt who passed away recently. The building was up for grabs and we decided we would purchase it as our first multi family pr...
http://www.ksl.com/?nid=148&sid=11862066
This is really wierd. This was the last of 44 homes I built in St George. It was my home! I left it in 2002 to go rv'ing. Over 5000 sq ft with 4 garag...
I found out that unpaid water bills in my county are lienable.
To prevent something like this from ever happening, would it be a better strategy to: 1) have tenant put water in their name, check monthly whether the a...
One of my Real Estate agents showed me an REO today. I checked the comps in the neighborhood within a half mile since January and they average $405,000. The bank is asking $371,500. They have it listed "as-is" but the...
I know that opening a new line of credit will hurt my FICO in the short-run, but will raising my credit limit on an existing credit card have the same effect? Would it count as "new credit"?
Hello Everyone from Cleveland Ohio!
My name is Adam - I am 23 and I want to become a successful real estate investor.
I graduated from Kent State in 2010 and instead of doing finance, I started my own internet busin...