Is it OK to receive cash as rent? What are the pitfalls?
I've found a 4 unit property for sale in my price range which also has a store front as well with a current long term tenant. This would be my first investment property. should I go for it or should I start with somet...
I’m currently under contract on a 16-unit apartment complex. The broker’s pro-forma showed NOI of $51K, however, when I dug into the income statements, actual NOI was only $36K. I called the broker, and she explained ...
I've got a property in a good location, but the kitchen needs updating and the carpet will be changed to either a laminate or hardwood.I know I'll need to do the flooring update when the tenant moves out- I saw the ca...
When you buy a pre-foreclosure do you have to buy it cash or get a loan or you can get it on terms? Can you do "subject to" with Pre-foreclosures?
Patience paid off, we submitted back up offer and got it signed after seller choose different offer. Now have property under contract. 8 unit mobile park being sold off of 16 unit property for 225k. Need to verify new...
How hard would it be to get financing for a property buying with a new LLC
I’m about two hours into the behemoth BRRRR book. I have a question when pulling money out of the home and the one percent rule.I understand that the home should rent for one percent of the total cash invested. Got th...
I plan on buying my brothers duplex when he moves out of state. He still has a mortgage on it. Can I pay my brother the mortgage and he pays the bank, like basically he’s my bank because I can’t qualify for a mortgage...
Maybe I am confusing the terms used to describe the accounts but what I am after is to create a self directed retirement account so I can invest in real estate. As a business owner with employees I already have a 401K...