
12 April 2022 | 2 replies
I generate sufficient cashflow from my gainful employment and investments to make deals work - I am in search of optimization of return on equity.

5 June 2022 | 54 replies
Never risk more money than you can lose without losing sleep. 2.

20 April 2022 | 6 replies
I would prefer that the contract be fair to both parties on its face and be sufficiently clear that it is never the subject of any dispute.

12 April 2022 | 6 replies
I told him I'd like to sleep on it , since this is an investment and I wanted to run numbers and make sure I was getting a good deal.

13 April 2022 | 1 reply
@Manan PatelINSURANCE - you'll need a landlord policy with enough coverage to cover your personal assets or what helps you sleep at night.MONITORING - your PMC should handle this.

13 April 2022 | 2 replies
Purchase price: $147,000Closing costs: $6,000Improvements costs: $7,500LOAN: 0% down, 5.5% fixed for 30 years (No PMI)PITI: $1280RENTAL ESTIMATE: $1525-$1600RENTAL MARKET IN LOCATION (Southeast Texas): scorching hot in demand for SFH rentalsARV: $179,000-$187,500Total cash out of pocket: - approximately $13,000Given the numbers above, do you believe the cashflow is sufficient enough for this to be a solid investment, or given the high PITI and questionable real estate market's future, would it be best to take advantage of the current market configuration and sell for an easy $25k profit?

19 April 2022 | 6 replies
I hope it all works out without you having to lose too much sleep over the situation.

20 April 2022 | 2 replies
If you were looking to BRRRR a HELOC might be a good choice, but if you are just going the buy and hold route, then the refinance might be the better option.It sounds like you're already deep into it on this one, but in the future, if you buy at a sufficient discount, and maybe include some reno in the plan you may avoid large down payments, and get your equity through forced appreciation.

6 May 2022 | 12 replies
My end goal is to own multi-family properties that would allow me to have sufficient passive income to support my family.

19 April 2022 | 2 replies
It's more like a studio where sleeping and living space is combined, and they are listed as '0' bedroom units.