
1 August 2024 | 29 replies
Think about how you can get your feet wet in a low risk way, while trying a strategy you become interested in.

1 August 2024 | 19 replies
Now it should cost an arm and a leg, but I wouldn't necessarily go for Joe blow, "I'll do it for $200" either, or you'll be getting a call in about four months because all the refrigerant has run out your lines.Is it one outdoor unit and 2-3 heads?

1 August 2024 | 23 replies
For example, you can buy a $50,000 house that will rent for $1,000 a month, but it will also experience significant tenant problems, expensive turnovers, long vacancies, and other costly problems.

31 July 2024 | 3 replies
You’ll get a lot of agents that tell you they can help you, but your chance of succeeding is low unfortunately.

31 July 2024 | 1 reply
this property is well maintained 50 unit around ten years old preforms well and has assumable low rate freddie debt asking price is 11.7 mil assumable debt is 6.5 mil at less then 3.5 %

1 August 2024 | 0 replies
The home needed targeted renovations that aligned with our strategy of maximizing returns through smart, cost-effective upgrades.

1 August 2024 | 0 replies
We estimate that the basement will cost approximately $30,000.

1 August 2024 | 4 replies
I think the challenge is that local meetups tend to be held in restaurants that cost money and they don't attend.

29 July 2024 | 5 replies
My current primary ( scenario 1) Keep the primary for the life of the loan ( current rate is 4.5 so i dont see my self refinancing anytime soon)current home value 1,150,000Loan amount 935,000appreciation estimate 5% per year after a 28 year hold and the house is paid off I would have a house worth 4,312,000$my current mortgage is 6125$ ( piti) included My second option( scenario 2) Sell the house, walk away with $150 ,000 ish in hand and put that into a low cost index fund Rent a house elsewhere for about 3000$ ish and take the extra 3000$ im saving everymonths from not having to pay my mortgage and puting that money in the index fund as well I ran the numbers on both of these scenarios and doing what I mentioned above would break even at about 28 years meaning my stock account would be worth 4.3 million just like my house would , but the only is that holding a house for 28 year would mean 28 years of property taxes, loan interest ,home insurance and repairs etc whick I calculated to be about 1,200,000$ at minimum which raised my eyebrows to say the least Also i understand that each of these options ( stock market vs real estate ) will have there tax consequences ( long term capital gains) so any thoughts on that would be appreciated as well.

2 August 2024 | 29 replies
All this has been built into the loan along with operational cost to get the place running.