Sean Mills
Seeking Advice on Rehabbing a Long Island Duplex: Costs, Contractors, and Mentorship!
6 June 2024 | 6 replies
We recently paid off our debts, and assuming no mortgage, we currently save about 70% of our post-tax income, around $10-12k a month.Would you still highly suggest getting a 203k loan, or would you recommend getting a standard mortgage loan from a lender?
Troy Parker
Did I blunder my first home purchase?
5 June 2024 | 6 replies
Assuming I can get my mortgage payment to around 2,150, there is almost no cash flow after I calculate for vacancies, property management, cap ex, etc.
Tim Flickinger
Anyone recommend a Deposit alternative?
5 June 2024 | 4 replies
I've been reading on the idea where no deposit has to be collected and it insures rent and damages.
Patrick Henry
Im looking to use RP Capital and/or Memphis invest. Advice???
6 June 2024 | 16 replies
While no company is ever without fault or perfect, we certainly pride ourselves on serving our customers very well before, during and after a purchase.
Daniel Contreras
Multi family investing
5 June 2024 | 6 replies
I would recommend no more than 4 for the first, just for the ease of financing and getting the best terms until you're more experienced in this area.
Tiffany Tan
Seeking Advice on Property Manager Issues and Termination Process
5 June 2024 | 7 replies
I directed all these inquiries to my PM, but there's still no showing.
Dominic Richardson
Is this a property you would buy?
5 June 2024 | 2 replies
Property Details: SFH 6 beds 2 Bath 2016 sqft - Rented by the room.Purchase: 340,000Amount Financed: 272,000Down Payment: 20% (68,000)Purchase Costs: 12,777Loan Type: 30 yearInterest Rate: 8.75%Rents: 3,300**********************Investment Returns - Year 1Cap Rate (purchase) 8%Cap Rate (Market Value) 7.1%COC 1.8%Return on Equity 1.3%Return on Investment 25.1%Internal Rate of Return 25.1%No.
Irving Rivera
Dog situation between tenants
1 June 2024 | 12 replies
The injured tenant was taken to the hospital, and based on the footage from my security camera, which I have because I live in the same building, there was no provocation for the attack.
Harrison Davis
Help me analyze this property. Should I jump on this opportunity?
5 June 2024 | 3 replies
I would plan to sell this property when the tenant is no longer ready to renew.
Tashanique Jones
Ready to Grow!
5 June 2024 | 18 replies
Each step forward, no matter how small, brings you closer to your goals.