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5 February 2025 | 1 reply
This is the first time I have done something like this, where it was for other reasons besides not paying rent.
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29 January 2025 | 5 replies
The rental income from the first home will pay for the mortgage/monthly costs.
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3 February 2025 | 4 replies
In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.
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13 January 2025 | 11 replies
Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates.
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22 February 2025 | 20 replies
Happy to pay for your time.
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20 January 2025 | 7 replies
That is good but there are fewer folks looking to spend over $1000 a night on a place.This all looks like a problem waiting to happen IMHO.
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3 February 2025 | 32 replies
If you have a lot of liquidity and a great paying W2 and can support your rentals, focus on appreciation/equity.
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7 February 2025 | 9 replies
I reduced my responsibility to only taxes/insurance while the tenant buyer does the maintenance, pays utilities and makes monthly payments to me.
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14 February 2025 | 5 replies
It is a duplex near scranton PA. the Mortgage is about $2,400 and each tenant pays $1,550 monthly in rent so I make about $700 in cash flow monthly.
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3 February 2025 | 0 replies
Conversation in local Bar, say I would pay all CASH How did you finance this deal?