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8 February 2025 | 8 replies
Just an FYI to everyone like @Tom Dieringer said, this is a base contract for anyone who wants somewhere to start.
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7 February 2025 | 10 replies
Some of the new build SFHs are very affordable with in-house lender rates.
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15 January 2025 | 144 replies
The goal is not about accumulating money based on the rate of return but to continue to stack and grow the cash flow.
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17 January 2025 | 37 replies
They are very likely based overseas.
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6 February 2025 | 5 replies
Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.
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8 February 2025 | 1 reply
Consider this scenario:- You buy a $400,000 duplex with 5% down ($20,000) at a 6.5% interest rate.- Your monthly mortgage payment (PITI) is about $2,800.- You rent out the other unit for $1,800 and maybe a spare bedroom for $500.- Total rental income: $2,300.- You’re still responsible for a $500 gap each month.Add in maintenance, unexpected expenses, and vacancies, and your costs can climb even higher.
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16 January 2025 | 10 replies
If you're considering hard money loans, they can provide fast funding, but with higher interest rates and shorter terms.
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3 February 2025 | 1 reply
Can anyone recommend an eviction attorney with reasonable rates?
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28 January 2025 | 3 replies
I'm looking at monthly cost to seller vs. anticipated rental income, purchase price relevant to the ARV of the area and interest rate, balloon, etc.
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4 February 2025 | 87 replies
In the end, many fail because they make a decision based on the wrong motivation.