I saw a 4-plex that was priced very well for the market it was in. I asked for the pro-forma, plugged in the numbers and it failed miserably. The problem is that the rents are about 80% of what I think that market ren...
I viewed six properties after vetting listings before finding this one. REO 1300 sq/ft 2 Bd, 1.5 bath 70's ranch in a nice neighborhood/location that's desirable according to several RE agents. Converting to 3/2.5, re...
If purchasing properties off the MLS seems to be the next logical step for you- then you need to network and find an INVESTOR FRIENDLY agent. I emphasize investor friendly because you need to work with someone who un...
I have a property in the central business district (C-1). I’ve been trying to lease the building for several years and have not been successful. Here’s my problem: the available space is at street level and the permit...
Hello Everyone!My name is Jesse, I am 19 years old and I live in Louisville KY. I'm currently attending the University of Louisville (Go Cards!) while working in construction during the day. I have been reading every...
I'm considering purchasing a pair of duplexes from an older gentleman. He's been renting these properties for 25-30 years and is looking to be done with them. I'm considering a seller-finance offer to help with clos...
So here's the situation:I have a house (mortgage), good credit, and a job- and big Faith! :)I figure I need $30K to start investing... I know about the no money down deals but new and it will be a challenge to get fun...
I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time.
The question is what counts ? For example to se...
Long term goal: own positive cashflow rental property in southern California (I'm aware cashflow in CA is low compared to other markets).Short term goal: earn and learn what it takes to own positive cashflow rental pr...
There are a lot of people who will tell you that hiring a VA (Virtual Assistant) is a great thing for your business. When they do, ask them what they have VA's do for them? DO NOT hire a V.A. to post on the internet...