If the house still has 60 amp service that tells me its old , so the water line is probaly old . 

From that point on, I was always looking at Zillow and Trulia just for the pure enjoyment it brought me.One gloomy day when I was 16, I was cleaning around the house when I stumbled across the Master Passive Income Podcast by Dustin Heiner.

Meanwhile your peers who own $100K houses in Detroit (no knock on Detroit, just used for illustration purposes) feel the need to create a convoluted web of entities and ignore most of what I shared.

We are at 39 houses and counting. 

Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.

Is renting a house and owning an investment property a good idea for a year or two before purchasing our next home?

Easy round number example: 1st house bought at 200,000 sell for 600,000.  2nd house bought for 600,000 sell for 700,000.

I'm passionate about all types of real estate, but currently interested in multi-family investing and house hacking.Outside of real estate, I enjoy the water and sports.Excited to learn and connect with you all!

Hi, I'm looking to turn my first house into an income generating property and am weighing the benefits of LTR versus a blend for STR/MTR in Denver. 

Hey @Troy Wade, Since you have a 6.3% rate, I would not rule out a cash out refi but odds are you won't have the equity in the house yet to do that.