I bought a condo with my mom a few months ago and I owe $120k on it. I have $29k in savings atm. I make $59k a year before taxes. I save about $2k per month. I have no car payment. We bought way under budget I believe...
Hi All, I'm buying a double which currently has two, seemingly good, long term tenants (the upper unit has been there for 9 years and the lower for 4). The apartments look they it's been a while since they've had a f...
About a year and a half ago my wife and I decided that we wanted to get into real estate investing. In particular buy/hold single family homes in the Kansas City area. However between the two of us we had $70,237 in s...
Hello - I hired a property management company in Dayton, Ohio area for my quadplex. They seem to be spending like crazy without my approval. For example: 375 dollars for fixing a door knob, 180 dollars for changing a ...
Hi, I bought a property last week and inherited a single woman in her early 20s, she's renting a 1 bedroom apartment for only $375, market rent is $475-500. I'm stuck with her right now as she signed a 1 year lease Ap...
My two cents on the pros and cons are:Advantages:Probably the primary benefit of prepaying a mortgage is personal peace of mind. In addition, borrowers pay less total interest overall when paying off their mortgage ea...
Hi all,I'm trying to crack into the real estate business. I have a real estate license in Michigan and $2,000. Where do you guys think I should start?
Hey guys -
I have an opportunity to purchase a fun little tiny house and finish it to use a as a little Airbnb rental with thoughts of landing in the Mojave Desert area of Southern California???
It is super challe...
Hey everyone! I'm currently looking at a deal that has a septic system attached. I'm looking over the financial aspects of the deal and just doing my due diligence. I'm asking if anybody knows the opportune costs for ...
Hi Everyone!I am considering a strategy that is basically a combination of the best of different worlds. My partners and I are considering purchasing small multi-families by making all cash offers, fixing them up if n...