Here is a situation I'd love your feedback on: My first rental property (the Kurt Cobain house) has had a little old lady living there since I moved out 6 years ago. She has been paying $510 pretty much all along. The...
Hello! I've put together a portfolio KPI calculator for our properties and am now realizing that I'm unclear on the best definition of "return" to use in calculations for things like Return on Equity (ROE) and Return ...
My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. W...
Hello, first post here. I've got my first deal under contract, but I'm struggling to find committed cash buyers/investors. I've been in touch with five people who have all seemed exceedingly interested ("Looking to bu...
Hello all!I'm writing to introduce myself. My husband and I live in California, but are looking to invest in our first property within the next year in the Rochester area (specifically a nice suburb like Pittsburg or ...
Here is why (I believe) sending multiple mailers to the same group is a bad idea. Keep in mind this is my take on it. Use your own logic before you just blindly follow what everyone tells you to do (me included).
1...
recently moved to NJ and my 1st post, but i will put my heart out :).
i have some experience being landlord, but now i am looking to build, my new home. nothing fancy and dont worry, not asking for price/sq. ...
I live in SF Bay Area, CA, and have a fancy tech job that I enjoy (at least I did before COVID). Have about $8k a month to invest in real estate after maxing retirement accounts thanks to high income and modest lifest...
I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...