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16 August 2024 | 19 replies
Bought the first property for $182k, currently worth about $245k, with a mortgage balance around $163k.Financing: Unsure about options.
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21 August 2024 | 94 replies
I’ll save you thirty grand on gurus ...Work hard and achieve your dreams Buy low and sell high Buy ugliest house in the best neighborhood Believe in yourself Take action
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20 August 2024 | 32 replies
I have a few clients who have properties in Huntsville and they've been pleased, it hits the goals you're looking to achieve.
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19 August 2024 | 7 replies
The next deal we found another partner, and on our third deal, our partner was instrumental because he had a strong balance sheet, but we were the operators.After the third deal, we were able to start refinancing the deals.
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19 August 2024 | 6 replies
Balance: $26K 2/1 990 sqft 0.5 acre.
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19 August 2024 | 18 replies
As my CPA says though...bad news is you're paying more taxes, good news is, it is because you made more money, or I guess on the property side you achieved appreciation.Downsides-cost of entry higher than some parts of the country.
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19 August 2024 | 52 replies
I also felt it was extremely click bait - "Look at this baby who has 1000 rentals and achieved FIRE in just 3 weeks!!
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18 August 2024 | 6 replies
I certainly am not implying you can not achieve your goals in RE.
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18 August 2024 | 4 replies
Even if the value were to decline significantly and the balance of the loan is greater than the value.
17 August 2024 | 1 reply
There is no mention of the loan balance, just the rate and payment (I did the math on $513 / mo - if it's principal and interest only the loan balance would be $92,900 - so I suspect you're quoting a PITI payment).