I've just recently tied up a 24 unit building. The plan is purchase the property with a construction loan including rehab costs. Rehab 2 units a month and move existing tenants into newly remodeled units, rinse, was...
So, I'm currently renting, and this weekend the water pipes froze and burst, after getting it checked out, the problem is the property owner's responsibility, and it will require digging up the yard, and thousands of...
Anyone out there have any advice or approach that could help me tackle my first pre foreclosure transaction? Pretty new to the field but I'm in the process of obtaining my realtors license and thought this would be a ...
Hi Everyone! I'm just getting started in my real estate career and one area I want to improve on quickly, is rehab estimation costs as well as the added value from it. I am not a contractor by any means and I understa...
Hello,I am working on my first deal to get a 2 family home in Newark from a friend of a friend. I am just analyzing the deal to see if it makes sense. I live in NJ and I am familiar with the area. Zillow estimate = $2...
So iv been hearing other investors say this .... Rent what you own , and rent where you live. Sell your house it’s a liability not an asset. I agree , it is a liability. Costs me about $2000k a month to have a 3br hom...
I shopped a radio station today to get ad rates.
Does anyone have any experience with radio ads?
Hello,
I am quite new to this forum (been following for a while but not really posting)
By reading the first pages/topics, it seems that almost all members are investing in the USA. Me, being from Western Europe, I ...
I'm looking at the following Fannie Mae foreclosure:
3 BR/1.5 BA
Decent Working-Class Neighborhood
Price: $52,900 (asking)
Rehab: $2,500-$3,000 (nothing major, but needs fridge and dishwasher)
Potential Rental Income...
I've been a broker for 7 years. I recently moved to a new market where rents are relatively high against low purchase prices. I am tempted to set up an LLC and offer investment opportunities to my clients back in Mass...