Martin Phinney
Moving Out of State - Should I Sell or Rent my House?
28 January 2025 | 9 replies
They say not to make two major life changes within a year.
Tre DeBraga
FHA 203K Loan
28 January 2025 | 5 replies
With a 203k Renovation loan, you can also finance in your payments if you are doing a major rehab.
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
It's tough to give a definitive answer without knowing your specific investment goals (cash flow, appreciation, etc.) and preferred strategies (BRRRR, wholesaling, etc.).However, since I'm a Cleveland native and active in the real estate market here, I can offer some insights on why Cleveland could be a good fit:Affordability: Compared to many other major metros, Cleveland offers a relatively low barrier to entry.
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
I know you said you don’t expect anything major on the properties soon, but I would take a careful look at what is most likely to need to be replaced soon and figure out how you would pay for that if it needed to be done tomorrow.
Allen Masry
what happens to 500k
23 January 2025 | 26 replies
That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you.
John Friendas
15 vs 30 Year Mortgage for Investor
23 January 2025 | 3 replies
I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.
Simon Packman
Multi Family insurance
30 January 2025 | 8 replies
If you haven’t already, start saving for major capital expenditures.
Joel Betances
First time landlording help
30 January 2025 | 4 replies
The majority have evictions on their record, don't make enough income or have a lot of debt under their name.Comparing other rentals on Zillow, my asking rent is $1100 while other properties are trying to rent at $1200.
Thomas Malone
Anyone experienced with Lee Arnold's system
23 January 2025 | 56 replies
Their education and support gave me the confidence to expand my business and now have my own fund and growing membershipI have found that the majority of complaints from students of any education focused company failed to take any action and failed.
Casey Wilson
Advice on strong Detroit Metro areas for rental property investing
29 January 2025 | 6 replies
But if you put in the effort, Detroit can be incredibly rewarding.Over the last several years, the city has been on a steady upswing: population growth, major corporate investments, and increasing demand for housing are all positive indicators.