Hello all! I am a new member to the site. I joined to learn more about investing for my retirement, but I own a couple of large roofing companies in Washington state. I am not an expert in investing, but I know a fair...
I just purchased my first property (SFH, house hacking) in Durham, NC and looking to pick up another single family or duplex in the next 6 to 12 months. For those who are familiar with this part of the Carolinas, what...
Good day BP Nations. I currently own a duplex I bought with cash back in May 2012. I'm currently looking forward to an arbitration settlement this September and thinking of purchasing some turnkey properties in the mi...
I would like to get started investing on real estate. Ive looked at several auctions and while they have good deals. Ive noticed is possible to approach a home owner and work something out with them before theyre fore...
So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
My Strategy is Buy and Hold a Duplex in which I plan to live in one and rent the other (if I can afford it); and my niche is an area within 50 miles from O'Hare International Airport, Chicago, IL. It took me months be...
We looked at 2 houses today.
The first one:
One was a very small (780 sq ft) 3 bedroom. Build 1940's. The living room was tiny...12 x 11. Then 3 small bedrooms - 12 x 11, 10 x 9 and 10 x 8 and 1 bath. Beautiful new...
We currently have a pick-a-payment ARM. We're not behind in the payments, but are paying the minimum pymt, resulting in about $1k/mo being tacked onto our outstanding loan amount each month in deferred interest.
Our ...
I'm wondering if it is proper etiquette to contact the listing agent for a property and just make a verbal offer to see if the seller would be interested in my price? I don't want to annoy my own agent by asking her t...
I have been researching many deals in the MF space but every time I run the numbers, I get Cash-on-Cash returns numbers that just doesn't make any sense. Here's one deal that I would like to get some perspective from...