 Landlords!!!help scared |
| hi all looking for some advice , my old landlord is threatning me with court action , there was never a lease or anything , now he has been sending me threatning emails with all my details N.I ... |
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 How do you turn a second home into a primary home? |
| My husband and I sold our primary home this year, but still own another house in a different state. We are now renting in the city of our primary home, but would like our second home to be ... |
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 While I was visiting my property to collect rent, my tenants' pit bull attacked! What can I do? |
| Yesterday I had to go visit some of my rental property to collect rent, like time and time again.....the tenants left when they found out I was in town. I was surveying the property when their pit ... |
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 Why do I only see masonic lodges on the nicer neighborhoods? |
| For many years, my hobby has been to drive around in my car, and just look at the pretty houses. Friends actually enjoy me taking them on tours of the nicer neighborhoods to show them houses, I know ... |
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 Would a landlord evict over grease marks on walls |
if you intend on painting it before moving out and pay rent on time and keep the place clean others wise, would they kick you out over just grease marks on the walls?
Additional Details
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 Can we afford this loan for a home? |
| Ok, hears the deal. My husband makes about $60,000 a year and im a stay at home mom. I have no credit and he has not to good credit. His score is about 600. We want a house for about $150,000. Do you ... |
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 Is it legal for a non-family member to rent a room in your house? |
Our next door neighbors are letting non-family members rent their basement, and they have been there for about 6 months or longer now. I would like to know if it is legal or not.
Additional D... |
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 Landlord didn't pay gas and got shut off what can i do? |
i live in cicero, il and the management company didn't pay the gas and it got shut off what can i do?
Additional Details
thay agreed that they would pay the ... |
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 What happens if you leave trash in the apartment after you move? |
| I'm moving and I dont have any help. Some of the things i need thrown away are way too heavy for me to carry..What will happen if I leave it in a pile inside the apartment and put "trash&... |
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 Apartment flooded, up to 3 inches inside, can I break the lease agreement? |
My apartment just flooded. can i break the lease agreement now?
I just moved in and the apartment first had rats, then it flooded. Would I be able to break the lease agreement and move out and ... |
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 House flipping, renting duplex's? |
| Hi, I'm very interested in starting a business flipping homes, and or renting duplex type properties. I however, lack experience, and would like to get a feel for buisness. I want to take some ... |
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 What are the 10 most important things to move into your first apartment with? |
Your top 10, please....Can be anything....tv, couch, bed....etc.
Additional Details
I'm just getting some fun ideas because my boyfriend and I are saving for our first place, at 22 ... |
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 Best way to split a home sale between two brothers? |
| My sisters husband and brother-in-law share deed/mortage on a home which also includes a upstairs apartment. The brother feels the income should go to him instead splitting for home repairs and ... |
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 My credit absolutly sucks, what can I do to get us a home.? |
| The only thing we dream of is having a home of our own and our previous financial mistakes are coming back to haunt us. We dont see any light at the end of the tunnel. What should we do?... |
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 Real Estate Question please help? |
1. If the Plano municipal court rules that a local builder did not properly follow the Plano Building Code, this decision would establish a precedent for similar disputes arising in Frisco.
True ... |
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 Is it wrong to make an offer on the first house we looked at? |
| We want to make an offer on the first house we walked through. We saw one after that but did not like. We have been looking at houses on the internet for months but just got the cash to buy one. I ... |
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| To buy or not to buy (our council house)? |
| We are renting a 3 bed council house with good back garden and drive to front in a fairly nice area of a fairly nice town. We know we want to stay here for a long time but don't know if now is ... |
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 Just got kicked out and i got a 3 day pay or quit letter. if i dont pay it how long by law do you have? |
| the lease is over in september and i dont want to pay rent now. i want to know what the laws and the rights i have and how many months i can be here please let me know thanks!... |
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 Can I get a home loan for 99,900 with an income of 44,000 and no downpayment. ? |
| My credit score is 575 and my husbands is 595 and we have not been late on a rent payment ever.... |
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Krzysztof F | Buy home, renovate and then sell? |
I am a contractor, would it be any good to buy a cheap house in Pennsylvania, renovate it "increase it's value" and then sell it? |
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debraalbagli
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If you buy in the right neighborhood at the right price. |
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Sean
 |
3 most important things of real estate....
1. location
2. location
2. location |
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acermill
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Only YOU can make the decision concerning the financial viability of such a venture. You must know what the house will sell for when you have completed renovations. Calculate your initial purchase cost, your renovation costs, and then decide if there is enough profit in the venture to proceed.
If you intend to use a realtor to assist in the purchase and sale, he/she should be able to give you a reasonable sale price expectation.
Do bear in mind that the real estate market is currently somewhat soft nationwide, and an estimate a realtor gives may no longer be valid six months down the road. If the market grows softer, so will your final sale price.
Good luck. |
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NWA Ray
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Only if you have done the research!
Here is a great book: FLIP: How to Find, Fix, and Sell Houses for Profit
INCREDIBLE BOOK!!!
Here is the link:
http://www.amazon.com/dp/0071486100?tag=cruhogs-20&camp=0&creative=0&linkCode=as1&creativeASIN=0071486100&adid=0JBXHGHK3P1DRAXSX6FK&
I LOVE this book! I'm a Realtor in Arkansas and this is my #1 Reference tool for flipping properties! It is easy to read & well formatted. |
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Amy O
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if you buy in the right neighborhood. Spend your money where it is important, like the bathroom and kitchen. Don't forget the outside of the house too. Make sure you don't scrimp on the materials, people will notice. Instead save money on labor. Try to do as much as you can yourself. Make sure you have experts do what you can't or you'll waste more money fixing what you messed you. And try to finish as quickly as possible or you'll loose some of your profits to morgage payments. |
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house-hunter
 |
When buying real estate to rehab and then retail, you want to make sure that you are 1) buying in an area where your Market Value is higher than the purchase price of the home 2) you want to make sure you estimate the cost of your rehab. (how much is it going to cost to bring your home up to the standard of the rest of the homes in that neighborhood. 3) After you have estimated the rehab cost, the purchase price and the Market value - make sure you factor in about 3 - 6 months holding cost. This is mortgage payments, insurance premiums, etc that you will have to make will your home is on the market. I usually make sure I can make about $20,000 after everything is completed.
But to answer your question, yes if the deal is right, you can make great money and it sounds like you can save a lot of the rehab cost by doing some or all of the work yourself, depending on what needs to be done.
I say go for it once you've done your research. |
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Terry S
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Only if you can buy dirt cheap, fix it in a hurry, and sell ASAP.
Homes today are hot potatoes.
The longer you own it the more money you will lose.
I would not even look at buying a home in this market unless I could NET $50,000 after all expenses. You could do better in the stock market then risk a lot of money buying homes.
Terry S. |
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