Paul Novak
Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
Those properties are currently cash flowing $3,815 per month but if they were paid off they would generate $6785.58 per month.
Geritt Shipley
Dealing with Rats
26 January 2025 | 4 replies
Quote from @Geritt Shipley: Hello, I've got a single family home in Portland, OR and the tenants began hearing rats in the attic about a month ago.
Shayan Sameer
Using Home Equity for Fix/Flip or rental property
6 January 2025 | 8 replies
Just withdraw it—it’s like a checking account.The Risks (Depends Who You Ask):A lawyer says everything can go wrong.An insurance agent says the same (so they can charge more).An engineer?
Jim Bryant
What to Expect at Eviction Hearing
28 December 2024 | 16 replies
You've allowed him to push you around for ten months.
Cole Starin
Considering Property Sale
24 January 2025 | 5 replies
So your debt is currently $3000 per month and your property earns you $1000 per month?
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
I have about 10-20 with a $4,000 balance now on a $1000 month rent, more with 2 months balance...
Luisa Morejon
What to do with the proceeds of the sale of my home?
1 February 2025 | 23 replies
investors can figure on 10 to 12% return on PMLs generally they are short term 6 months to 18 months.. in my 40 plus years at PML I find most investors started as landlords then tire of it and start to diversify.
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
Deal 1: 4 Plex (it's stripped down to studs, a guy ran out of money on the rehab)Purchase price 160k, Rehab 80k, Total all in: 240kExpected Rent: $4,000/month to $4,400/month depending on how quickly we want to rent the units out.
Augustine Chang
Breakeven Strategy for Studio Condo Rental in NYC – Need Advice on Options!
20 January 2025 | 1 reply
Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.