5 August 2018 | 6 replies
From reading Millionaire Next Door awhile back, the author recommended total mortgage debt to be no more than double your annual income (pre-tax).I was close to this when purchasing our first home a couple of years ago.
29 August 2018 | 2 replies
Each unit is roughly 800 sq feet (there are three total units).
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9 August 2018 | 46 replies
I have bought three properties in the last two years for a total investment of $65000.
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3 September 2018 | 5 replies
I just acquired 3 occupied duplexes, a total of six units under a new LLC and a new loan, which are all managed by a local firm.
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2 August 2018 | 1 reply
I feel like the way I have been doing things has been working fine, but I have only been doing this a few years, and since I was a bit shocked by the negativity I am hoping to find out if there is a general consensus on renting to room mates that I had totally missed.
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1 August 2018 | 5 replies
Meaning, if you are just looking to flip then a hard money lender might be totally fine to seek out.
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22 June 2019 | 35 replies
My guess is they could be international investors that need to park their money somewhere stable or people betting on further appreciation?
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31 July 2018 | 2 replies
For you that may not know that is 1% of the total cost of the properties monthly rental income (example $100,000 home renting for $1,000).
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15 February 2022 | 87 replies
I'd bet on you and people like you who have that type of focus and commitment all day long.
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6 August 2018 | 12 replies
Unfortunately, going in person is by far the best bet, but I know how inconvenient it can be.