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Hey All,I am starting to look into an investment property to do a short-term lease. I'm planning on renting out individual rooms to temporary stays (3-9months). My goal with real estate is to generate cashflow.After s...
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Evaluate my deal. Haven’t closed yet. Covet your thoughts.
https://www.zillow.com/homedet...
Purchase 105k
Downpayment 25%
Interest rate 4.2%
Initial repairs/updates 5k
Will need new AC and roof within 5 yrs
...
My father is looking to invest in real estate in Chicago where I live in order to rent out. We were looking at places in the Loop, specifically in the Printer's Row neighborhood. There is a new luxurious building comi...
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I am looking at buying a property in the Jupiter or Palm Beach Gardens area. I have a preapproval for a doctors loan of 400k with 0% down and an APR of 4.569% no PMI. Currently I'm paying 2000 a month in rent in a bad...
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I have been asking for the condo financials since 2010. At the end of 2012 my lawyer finally sent a letter requesting information including bank statements, financial documents, budget, annual report, etc. The on...
Hello everyone,I own a studio condo in a 14 unit building in St. Louis. A little background: I bought this property in 2008 in my 20s just before the crash, thinking you can't go wrong buying instead of renting. I pai...
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Does anyone here have a short-term rental (STR) in Jacksonville, Florida? I have a long-term rental (LTR) in Avondale that I'm wanting to furnish and turn into an AirBnB/STR. It has been tough to find anybody with the...
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I was just talking to a lender and he mentioned that at most one can have 4 mortgages under their name. How do some investors here have like 10-20+ properties all with mortgages? I don't see a big point in real estat...
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After doing some research and saving up for a little bit we decided to purchase our first place. We live on Long Island so it didn't make much sense to invest here. Taxes and properties are crazy high as well as not t...
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View reportHello all, I am new to the Chicago market and just started analyzing deals near downtown (the loop). Was hoping to get some feedback on this property near the financial district. The operating costs seem hi...