Ian Price
Your Cash-on-Cash Target?
Calling all single family investors! I am curious to find out what your cash-on-cash criteria is? 8%, 10%, 12%, 15% 25%?!I am an agent in Northwest Indiana and am seeing homes selling for $30,000 - $45,000 in decent...
Mike Rodack
First Time Flip - Trial By Fire Gut Rehab
We're considering attempting a flip of a REO with fire damage. Water damage too since the roof is open and has been for sometime. We assume a complete gut of the 2nd floor, the attic/3rd and full roof replacement.We a...
Richard Bull
Looking a good PM in Indianapolis who does not charge 1st month
Hi BP community!I have an excellent relationship and experience with my PM in the Mississippi market and they do fill the properties very quickly and with great tenants. My PM does not charge first month's rent as a f...
Jennifer Rysdam
Notice to increase late fees??
Hey everyone! I want to increase my late fees from $25 on the 6th to 8% of rent (MN maximum) on the 3rd. Do I have to give them 30 days notice for that or can I give it now (on the 7th) for next month? Too many people...
Eric Espindola
Newbie Seeking Guidance
Good Morning Everyone Since I am new to the world of real estate investing I need guidance on what is the step by step process you seasoned investors have taken to buy a property. I have read plenty of books on real e...
Chris Waller
Interesting Situation and need advice
I'll try and keep this as short as possible.I am a Realtor in Georgia and Listed an "AS-IS" Investor owned property. Here are the Specs:Built in 1955, 3 beds 1 bath, 1155 sq ft on 3.2 AcresInvestor had it listed with...
Vik Divinets
Need advice on my first property deal.
Can you please help me and advise me on this one. I have a 28 unit apartment complex (mom & pop type) under contract for $185,000 and the tax assessment is at $250,000 and its market value is at $300,000. Fully oc...
Edita D.
real estate LIBRARY: which books did you read to prepare?
Hey guys,
please, share the books you went though to prepare yourself to be in real estate business.
Here are my books:
1. Rich Dad's Cashflow quadrant and Guide to investing by Robert Kiyosaki
2. Buy it, rent it, pr...
Sara Robin
How can I get a mortgage loan without a current income?
Hello! I currently have $150K equity in my current home and $300K cash on hand. I am looking to sell my current home and buy a new primary residence($500K value) but dont have a monthly income. I recently cashed out o...
Austin S.
Sell rentals to invest in real estate secured notes?
I currently own 2 rental properties in a very good rental market and market with a very limited supply of homes on the market (seller's market). I have been wanting to get into the note investing space for about a yea...