Mortgage Update: Outlook is not good.The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My coffee shop typically turns about $1,000/day. As of 15 minutes ago, Carlos had t...
I live at home with my mother and I have a child who lives with my girlfriend (at her dads house). I want to be a one family, but I don't want to purchase property where I live because its too expensive. I have invest...
I am currently waiting for my first rental property out of state to be filled with a tenant. I am anxious to get it filled but know these things take time. I have my property manager sending me updates weekly with how...
I am a 26 years old and I currently live in Texas. My family owns a few houses in Georgia and wants to transfer one of the houses to me as a the new owner. The house has about 60k left on the mortgage payment and is v...
Bought an all-brick 2700 sq ft triplex in South Lyon, Michigan on land contract this week. Not a home run, but a solid single with the chance to stretch it into a double if the area appreciates. Current rents are a ha...
Just wanted to share a little bit. My wife and I flipped a house in Phoenix with my dad about 5 years ago - pretty much did almost everything wrong, but still ended up making about a $25k profit when all was said and...
Investment Info:
Single-family residence fix & flip investment in St. Louis.
Purchase price: $82,000
Cash invested: $23,000
Sale price: $142,000
This was my first profitable fix and flip in S...
As we finally close out 2020, listing inventory has absolutely cratered in the Austin area. There is roughly one month of inventory in the entire Austin-Round Rock MSA, which is down 1.2 months from where we were in N...
Kind of interesting/odd situation. A job opportunity forced us to relocate. While looking for a new home to purchase, we are staying in the owner's unit of a duplex (in the town to which we are trying to relocate). Th...
I posted last week with woes regarding lending - lenders only were wanting to grant 20 years, in short.Deets:
1. House was purchased for 62k. I had to put 0% down. In all, I'm about $3k out of pocket in this deal.2. ...