Current mortgage with VA at 2.x% with 278,000 left in South Carolina less than 4k worth in maintenance. Comps show the home is worth around 420,000 in an excellent neighborhood with potentially low vacancy rate if i w...
Hey guys so I'm here in a section of the book were J Scott is covering how to run comps and in one particular section he goes through adjusting your comps. He mentions how in his area an extra bedroom may be worth abo...
Hello everyone! I have been dabbling in sectional title property [the equivalent of condos] since 2003 but only became serious as an investor in early 2014 after reading "It's Rising Time", a book on investing for wo...
We operate properties all over the state of Virginia, and out in King George County they use the property owner as the fallback to unpaid utility bills for whoever is living on the property. It's the only county we op...
I just finished college in Bellingham, WA and am looking to buy my first home. I feel that since I will reside in Bellingham this year I should start out by looking for local properties. Is this a good idea? Should I ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Blue Springs.
Purchase price: $415,000
Cash invested: $83,000
4-plex with about 11-12% cash-on-cash. This is my lowest cas...
We had an active purchase contract on our home with buyers who were paying cash ($495k). However the night prior to closing, my siblings placed a memorandum of interest on our home. (Another long story). They indeed h...
I am looking to turn my personal property into an investment property and then 1031 exchange into a multi-family home. How long do I have to rent out the personal property (do I have to move out or purely rent a room?...
My name is Ricardo Avila but my friends call my Ricky. I am and aircraft mechanic and love what I do but I also really enjoy real estate. I am in the process of purchasing my second house and my goal is to buy at le...
I got into real estate investing 2 years ago purchased a condo and rented it out with positive cash flow $500 per month. This past year I bought a townhome and got roommates to pay the mortgage/taxes/HOA so virtually ...