Matt Leonard
Would you swap oil furnaces for propane or heat pump in Maine
Purchasing a 6 unit property in Maine (cold, snow), 3 separate buildings, that has separate oil furnaces for each unit. All of the furnaces are 20+ years old and the tanks are corroding. There is no natural gas in t...
Libby Baugher
Should I use 30 yr or 15 yr loan for my rental properties?
I have a question regarding which loan to use for my rental properties. Here is some background on me. I am 51 years old and am just beginning my real estate portfolio. I have a good paying, secure job making 6 figure...
Steve S.
I have 2 rental properties. Benefits of paying off early?
What are the pros and cons?I have bought them within the last year. I could probably pay off both in 3 years or so and would gross about $3,000 per month in rent at that point.Are there reason NOT to do this? $3,000...
Account Closed
Pros/Cons of Los Angeles?
I (25) live in LA with my parents and am chugging along at work saving up money for whenever I figure out what I want to do with it. Recently, my uncle (who owns a few condos near his businesses that he rents to emplo...
Jesse Chunn
Cash vs. Loan
I have enough cash to do several all-cash deals. In my area (DFW), sub $80k single family properties are fairly plentiful. My thinking is that I could do several of these deals for cash, and if I get to a point where ...
Account Closed
How does everyone calculate ARV???
Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
Ethan Hanes
Biggest Mistake in Real Estate
Hey all,
I was bored and wanted to ask everyone here what their biggest mistake was in real estate to this day. Something that you will never forget as your biggest screw up.
I haven’t had enough experience to have...
Ed Nunno
amortization
can someone please explain exactly what this word means ?
Scott Hubbard
Legitimate Self Directed Strategy or not?
I was talking to another investor who proposed the following as a solution investors looking for more flexibility when using their SDIRA.
Two unrelated individuals arrange to make a loan to one another using their S...
Tyler D.
Disregarding the 1% rule?
I'm looking at property in the state of Oregon, which has had amazing appreciation but poor (starting) cashflow. Basically the only properties I have found that break 1% are in rural areas, or dumps, or both.
I'm loo...