
26 August 2024 | 4 replies
Is renting a financed single family worth it?

25 August 2024 | 11 replies
I think have a professionally designed, well located, modern, etc home would appeal to more people than trying to find the niche, but I could be wrong.

27 August 2024 | 18 replies
Im located in vegas and can assist remotely.

26 August 2024 | 37 replies
I am planning to go with them for real estate, once I complete re-balancing portfolio - they are located in Houston is a big plus!

27 August 2024 | 4 replies
So maybe you pay $2000 for the HOA deed and then pay HOA monthly and you get to live rent free saving $1000-$1500/month rent for 6-12 months or however long it takes for foreclosure from the lender.

26 August 2024 | 0 replies
Here’s a look at the latest highlights:Denmark: Core Hospitality Expands with Zleep Hotels AcquisitionCore Hospitality, a Denmark-based hotel management firm, is expanding its footprint by acquiring 14 Zleep Hotels locations.

29 August 2024 | 6 replies
Here's the links I think you would find most useful given what you've said:• BiggerPockets Market Finder - Insights into zip codes, recommended cities to invest in based on factors like rent to price ratio, median home value, and more.

28 August 2024 | 2 replies
Don't overdue it but definitely do something small or big before putting it up for sale or rent.

23 August 2024 | 3 replies
My neighbor lives out of state and rents the property.

28 August 2024 | 18 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.