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18 February 2025 | 8 replies
Depending on how close I was to having 20% equity in the property and being able to avoid PMI, I’d consider using some of my cash to pay down the mortgage when I refinanced.
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2 February 2025 | 1 reply
Will rent for 1750/month.Capex items needed soon: roof, water heater, furnaceArea: A area, appreciation is at about 5% a year but average home price is ~$500K so this home will appreciate faster, this will have multiple offers on itDeal #2 - mixed use, small office with a 3 bedroom and a 1 bedroom over it.Ask: 325KCurrently fully rented on one year leases, bringing in 4775/month but only one tenant pays their own utilities plus owner is responsible for snow removal and landscaping.
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5 February 2025 | 9 replies
I think that Chat GPT hilariously acknowledges, however, that if this person then goes on to run for governor of Colorado, then, despite their likely lack of time and attention to the money I put into the investment, that they are likely to put up phenomenal returns as a nice bonus of either being in office, or being a threat of attracting any meaningful percentage of the vote in that state before dropping out and endorsing an eventual winner.
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17 February 2025 | 5 replies
And you want the person you’re doing business with (your buyer or seller) to be someone you can rely on to work with you, not against you.This might seem like a silly word to use in the context of these very official business transactions, but I stand by it: You have to pay attention to vibe.You know when you’re not getting a good feeling from someone.
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4 February 2025 | 1 reply
Pay particular attention to the "End the complaints" section.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.
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18 February 2025 | 1 reply
When I found the property I simply extended the radius of my search and tadaaaa "duplex" cought my attention and especially for a $350k purchase.
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12 February 2025 | 2 replies
high-quality, well-lit photos tend to attract more attention from potential renters.
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17 February 2025 | 19 replies
Quote from @Mario MoralesMorales: what if he got a HELOC, used the funds to get a property, then cashout-refi the new property and pay off the heloc?
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14 February 2025 | 6 replies
My quick response time and attention to detail is not matched by many others.
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28 January 2025 | 15 replies
The tenant was paying rent to the previous owner but hasn't been paying rent for a while since the property was foreclosed and sold to the bank.