Sabina Hasan
Deny rental application ?
26 February 2024 | 10 replies
Is it a legal reason if both tenants paid a $39 fee and put in application and I deny one of them because the other tenant is willing to pay more rent ?
Brooklyn Hunt
Young investor needing advice!
27 February 2024 | 11 replies
Putting in a couple of hours each night before bed to market watch and do your property research.
MJ Jav
300K..Invest in San Antonio (TX) or Raleigh (NC)?
26 February 2024 | 13 replies
I like Texas, but the only thing that holds me back is the higher property taxes compared to North Carolina.1- Money: ok to spend 200-300K (prefer to put only 20-30% down) and invest in a couple of properties than buying one in cash2- Prefer cash flow (of course, appreciation would also be great)3-Prefer SFH over duplex just because with SFH (in a good neighborhood), I probably would have less headache and dramaHere are my questions:1- Which city do you invest in and why?
Account Closed
New to financing with OPM
26 February 2024 | 10 replies
.- passive investor puts in 30% cash for down payment in return for 40% ownership- deal provider (Me) puts zero cash in but finds, secures and manages the deal, bank financing and 100% of the property management- bank mortgage for 70%- closing costs split 50/50- capital improvements split 50/50- all monthly positive cash flow (profit) as well as 60% property ownership goes to the deal provider (me).- first refinance (year 3-5) get investor's 30% investment out (before I take any equity) so we can do it again!
Rachel Olson
Off Market Operator!
26 February 2024 | 4 replies
I am able to put these off market properties in front of the right buyers and have gotten countless deals done.
Dianne Forwood
Emotional attachment to prior personal home
26 February 2024 | 8 replies
Put it on the market, take your (up to) $500k tax free gain and buy a no attachment rental if you want.
Christian Morsing
Seller Finance and Jr Debt
26 February 2024 | 6 replies
Leveraging one to put "cash down" on another is not a bad play. you're effectively financing it, just financing it in a way that doesnt look like you're financing it.
Peyton LaBarbera
Do you really need IRR or NPV in rental property investing?
27 February 2024 | 11 replies
Say you put that 10k in and made 7% per year for 5 years and compounded it each year that equate to a 7% IRR for those 5 years precluded that your 10k was returned to you at the end of the period.
Cade Antonucci
What do you use for security deposit set ups?
26 February 2024 | 6 replies
The law allows you to put all the deposits in one account.
Jorge Abreu
Retirement Redefined: What If You Could Retire Now?
26 February 2024 | 1 reply
Most of us either procrastinate or put our retirement savings on autopilot.After all, retirement is decades down the road, so why do we need to think about it right now?