
11 December 2024 | 6 replies
If you have 60k equity and 10k cash, slow down and remember this - you need 15k for reserves for a new property and you should always only use half of your equity which would leave you with 15k for downpayment and 10k cash for renovation.

12 December 2024 | 10 replies
There is not chart, there is a website called Vyzer that tracks this if you are an investor and use their platform.I know this does not give you a specific answer of XYZ, but I hope this helpsPS:As a moderator I am not employed by BP but volunteer to moderate the posts to make sure they meet community guidelines.

11 December 2024 | 3 replies
With the idea of "we can turn money today into more money tomorrow by investing it," I place most of this within a taxable brokerage account where it grows based on the market broadly speaking.

10 December 2024 | 100 replies
It's a fast-pass to getting sued into oblivion.

17 December 2024 | 8 replies
@Anthony DiSanzoIf you're looking for low entry point properties that will stay in demand with a strong tenant base, I'd advise you take a look into the Memphis market.

11 December 2024 | 3 replies
I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?

13 December 2024 | 7 replies
This is public info and usually it will change based on seller being there a long time or something like an elderly tax rate.What are insurance costs like (we've got a lot of local variability around fire insurance for ex.)?

15 December 2024 | 7 replies
From my understanding you cannot place a wholesale contract and have no funds to complete the transaction using only the buyers capital.is this accurate from your experience or is there anything missing?

15 December 2024 | 5 replies
Demand for February/March move-ins should see a notable uptick sometime in January, but you'll for sure see your strongest rental demand in late spring/summer.Your most recent post mentioned that you were going to look for someone for a 6-month lease - I think this is a great way to approach it to minimize vacancy loss while biding your time until we get into the higher demand summer months.Getting creative with your lease term and credits/concessions could also be a good way to solve a few potential problems in one shot.