27 April 2024 | 6 replies
Goal is to move mid-late 2024 Purchase June 2022: $510,500Down Payment: $102,100Interest rate: 4.875%Mortgage balance: $397,959Monthly mortgage, tax, insurance:$2,465Estimated rent $3,000 The home has an estimated sell price of $550,000 today and the area will continue to appreciate well.Home is in good shape.

30 April 2024 | 101 replies
Not sure what you mean; this is very common in older homes.

27 April 2024 | 2 replies
There's no right or wrong answer to this, it just depends on the investor and what their goals are.Of course leverage is great.

27 April 2024 | 7 replies
You also run the risk of burning good leads by showing them a filthy apartment.You may want to appeal to your outgoing tenant that each of your goals are aligned, and the sooner you find a qualified applicant, the less showings will need to occur - and the level of housekeeping (or lack thereof) is working against that mutual goal.

28 April 2024 | 19 replies
Actually they use only the bare minimum to build modular homes, with the exception of 2x6 walls which is common in mods.
26 April 2024 | 2 replies
Quote from @Daniel Rabinov: Hey,I am considering buying a piece of land to develop 8-10 houses on it with common area and amenities.Does anyone have some excel sheet or calculator that can help me check the viability of it being a good investment?

27 April 2024 | 5 replies
However, a common theme I hear when I ask them how they got into this business - they didn't know enough to be really risk averse.

26 April 2024 | 3 replies
Some days I feel focused and optimistic about reaching my goal in becoming a fulltime investor, other days i find myself focused on life's obligations.

28 April 2024 | 13 replies
I have a goal of acquiring my second rental property in 2024, specifically a house hack.

28 April 2024 | 20 replies
The “due on sale” clause, as its commonly referred to, is 2 paragraphs that are usually located in Fannie Mae and Freddie Mac “notes” (which is the specific form/instrument that outlines the terms of your mortgage).