Michael Mendoza
Advice regarding a property my non US citizen parents bought - mom just passed away.
12 June 2024 | 2 replies
Where should I start?
Clint Wenk
How to qualify for a new mortgage when keeping my house as new mid-term rental
12 June 2024 | 4 replies
I would like to have a mortgage payment in the $3500-$5000 range.I am just getting started in real estate investment properties and don't know enough about how other landlords show that the other mortgages are covered by rents and qualify for additional loans?
Brandon Justice
Owner-Occupied 4 Plex - Please Check My Numbers
12 June 2024 | 7 replies
.- Neighborhood ~ C- but a C- area here doesn't mean too much, smallish town ~ only about 50k peoplePurchase Price: $660,000Appraised Value at Purchase: $730,000Interest Rate: 6.625% - 30 year fixedDown Payment: 10% / $66,000Cost to Make Rent Ready: $14,000P&I - $3803 T&I - $898Total PITI - $4701/moCapEx, Vacancy, Maintenance - $1099/moTotal Monthly Costs - $5800/moCurrent Rents - $3800 (3 units)Fair Rents ~ $5000 but will likely only charge ~ $4500 to start.
Marcus Watson
What's the secret to acquiring properties in Detroit?
12 June 2024 | 10 replies
Being a newbie at this, I have to start somewhere and get my feet wet, right?
Jory Wilder
STR Cleaner wants more money for longer stays ???
12 June 2024 | 17 replies
I give her the monthly schedule a few days before the start of the month and she guarantees the unit will be cleaned in the window between check-outs and check-ins.
Brett Riemensnider
How to start out on a BRRRR
8 June 2024 | 3 replies
Hello everyone.I am set to close on my first property (4plex) and am looking for advice on rehabbing the place. I did trim for years but besides that I’m not the most handy guy there is. I got quoted about $15-$20k fo...
Meralis Matos
new to this group
11 June 2024 | 5 replies
I always recommend that anyone getting started attend in person meet ups.
Wade Wisner
RE Investor with 52 years experience.
12 June 2024 | 24 replies
After a few years of licking my wounds while running my grass fed farm, I decided that the only way to recover was to liquidate my remaining property and basically start over investing in real estate.
Angela Brennan
New to Real Estate Investing
12 June 2024 | 14 replies
We are excited to start this new journey of real estate investing.
Mubasher Riaz
Where to find wholesale contracts online?
11 June 2024 | 68 replies
New investor here, and I have heard that wholesaling is a great way to start.