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1 August 2024 | 8 replies
Thank youCash flow is gonna be very difficult if not impossible in Frederick county, you might find some cash flow in Hagerstown, though the most housing stock is just utter **** inside the city, I’d look to buy like in halfway or something where at least the housing stock is decent.
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3 August 2024 | 14 replies
Dead winter is not an ideal time to rent out a property so I expect it could take me 4-6 weeks or require discounting.
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1 August 2024 | 12 replies
Why buy the real estate equivalent of a penny stock when you can afford to buy blue chip aristocrat dividend stocks (Class A multifamily properties in good locations with actual strong fundamentals like population growth, a diverse and recession-resistant job market, limited supply and high demand, affordability, and consistent long-term appreciation)?
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2 August 2024 | 16 replies
I would stick with the stock contacts app while using to note taking section.
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1 August 2024 | 1 reply
No real risk beyond just the risk that goes with having any stocks or bonds.
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31 July 2024 | 11 replies
I also agree with about the photos, you need to hire a professional, you don't even have lights on in many of the photos, it looks dark and dreary, plus the dead grass...
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1 August 2024 | 19 replies
If you're dead set on self-managing, find and purchase a property that already has long-term tenants and will want to stay after the turnover.
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29 July 2024 | 5 replies
My current primary ( scenario 1) Keep the primary for the life of the loan ( current rate is 4.5 so i dont see my self refinancing anytime soon)current home value 1,150,000Loan amount 935,000appreciation estimate 5% per year after a 28 year hold and the house is paid off I would have a house worth 4,312,000$my current mortgage is 6125$ ( piti) included My second option( scenario 2) Sell the house, walk away with $150 ,000 ish in hand and put that into a low cost index fund Rent a house elsewhere for about 3000$ ish and take the extra 3000$ im saving everymonths from not having to pay my mortgage and puting that money in the index fund as well I ran the numbers on both of these scenarios and doing what I mentioned above would break even at about 28 years meaning my stock account would be worth 4.3 million just like my house would , but the only is that holding a house for 28 year would mean 28 years of property taxes, loan interest ,home insurance and repairs etc whick I calculated to be about 1,200,000$ at minimum which raised my eyebrows to say the least Also i understand that each of these options ( stock market vs real estate ) will have there tax consequences ( long term capital gains) so any thoughts on that would be appreciated as well.
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31 July 2024 | 5 replies
I have some in the stock market and a HYSA, i've always wanted to own real estate investments as another way to build wealth.
2 August 2024 | 15 replies
If you need fast money, I would go into some sort of a sales trades or stock trading.