Joseph Shevy
Low cash flow, but easy to buy.. Advice wanted
Hi BP,It's been a while since I last posted, so I'm trying to be more active. I have a question that relates to a situation I could be finding myself in very soon..I am 24yrs old (as of tomorrow) and my wife and I cur...
Account Closed
Judicial Foreclosure Question
I'm in a nonjudicial state so forgive me if my questions don't make sense.
Is this correct: In judicial states, the lender files the complaint and lis pendens. And then, assuming all goes well for the lender, they ...
Jason Edwards
Property Management Fees
What are the typical costs to have a property manager assume existing tenants? Since there is no tenant placement, what fee is normal to have them takeover?
Dave Williams
BUY or RENT this retail property?
This is a BUY or RENT? question, with a 10 Year Exit Plan.
Small summer only resort town.RE prices, assume stable over 10 years as town is not growing appreciably and comm. properties tend to sit on the market for ...
Austin Wood
Possible exit strategies on this preforeclosure?
Preforeclosure worth around 230k. owner owes 245k left on the mortgage. The house could rent for 1400-1500. Assuming she can’t sell it on the market, what are the possible exit strategies for this house? I am thinking...
Paul Cox
My first Deal Possibility - Buy and Hold SFH
Hey BP community,
I am a newbie investor from upstate NY and I came across this 4 Bdrm 1.5 bath SFH for sale in a B neighborhood in the small city of Rome, NY when they were holding an open house last month. These a...
Danny Colacicco
Investment with 12% Cap rate but not the greatest apartments/tenants
So in seeking wholesale deals, I came across an investor looks to sell two apartments with 5 total units in a decent area of Baltimore (Greektown). All of the apartments are currently being rented, however, when vi...
Lee Van Every
Funding for multi-family MI
Just curious what the requirements lenders have for multiple buildings with multiple units? I found three 4 unit properties that are 80% occupied being sold by an individual in declining health at 86 yrs old. He has o...
Neil J.
Would you buy under these numbers?
Hello everyone,I was just wondering if you guys think this is a good enough deal for a real estate investor.I'm having trouble talking the owner down any lower than the 160k I have listed, is this still a good deal? I...
Account Closed
How did you find your first investment property?
Just read chapter five of the UGB about finding a property. I would like to hear from investors how you found your first property. Did you search yourself, use marketing, or just hire an agent to search for you? I wil...