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This post is long, you've been warned.
Here is the orginal deal:
Purchase - $75,000
Down - $18,750
Mortgage - $56,250 ($285/month @ 4.5%)
Here's where things get a little more difficul...
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Hi all! I’m relatively new here, though I’ve been lurking for a while. I currently own a 2-family rental and it turns out that my co-owner and I are eligible for a $30k renovation grant and we’re considering where to ...
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Hey all - first time poster, long time listener. I would like to expand my portfolio but I have a hesitant partner so I am working on doing this slowly. I own a rental home, a personal residence that I turned into a r...
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I have a property where the adu and main house share utilities. adding separate meters isn't an option at this point in time. In the past, I have rented them out with utilities included. When rented out next, is the...
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Hello All, I am seeking advice on whether to sell a rental condo or not. The condo is located outside Charleston, SC in a sought after area with a great school district and has always rented quickly. I purchased thi...
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It wasn't long ago that mortgage rates dipped below 3%. Actually, during COVID (January 2021), mortgage interest rates dropped to historically low levels, reaching 2.65%.
Wondering how long will I have to wait for r...
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OK, this is for one of our developers - the people who keep this site up and running. She would REALLY appreciate any advice you can give. She's a newer landlord, so go easy on her.She rented her property to a new t...
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Anyone cash out and /or stop contributing to a 401k in order to buy more properties? Curious how it went?
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Should I start an LLC right off the bat or wait until I actually have an asset or 2 and then transfer. If I should transfer later, what do I do about the "due upon transfer of ownership" clause from the bank? Can I ge...
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I'll start out by saying I'm not trying to debate the merits of the "50% guideline." For various reasons, that guideline will not work for me. I don't know what is included/excluded in that value, and every time it is...