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3 December 2017 | 1 reply
Yes, but be careful with terms.
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19 March 2018 | 15 replies
If you're newer, I'd be careful and only work off of current numbers.
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23 March 2018 | 38 replies
The hustle and drive is in your creativity, another thing my mentor told me was "I don't care how you get the money, get the money" ... so if you get the money, sure it may cost you more than a 3.5% standard mortgage loan, but if it allows you to move forward with investing..
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15 March 2018 | 10 replies
I don't see any:lawn care or snow removal (which may mean snow removal from the roof as well), Trash Pickup90% of the duplex type properties in Maine would have 1 heating system meaning landlord pays (can be substantial depending on the property), electric could be per occupant but checkI assume you would also pay water sewer -- maybe $60 per monthA building like this is Waterville is probably a old converted single family even if it is all redone I would reconsider your repair and capex estimates I don't know local Waterville but double check the property taxes
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14 March 2018 | 6 replies
Banks will typically limit you to 4 houses before they cut you off.If you do things the way I do them by using "Subject To" to buy the properties, you get in more cheaply and there is no bank to cut you off so you can do as many of these as you care to.
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13 March 2018 | 3 replies
So, know the metric you care about most.You should get in the habit (if you aren't already) of running deals on a spreadsheet and looking for deals and or errors in your number.
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21 March 2018 | 5 replies
I’ve had the idea of house hacking my first investment, Just to get a feel and some skin in the game.
14 March 2018 | 5 replies
As long as the bills are getting paid the bank doesn't care.
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18 March 2018 | 11 replies
They have more skin in the game then you do.Make sure you get clear title.