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Closed on 2 fixed rate loans, to purchase 3 units.The numbers:Property A) 1300 sq’ brick, 3/1.5, SFR, rents for $875 per month.Property B) 2150 sq’ brick 3/1 & 2/1 Duplex, rents for $1075 per monthAsking price=$12...
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Hello everyone,I have a C-corp in the state of Ohio, at the advice of a real estate 'guru' At the moment, I am JVing on a long-term property in Pittsburgh. Is it worthwhile to hold the property in my C-corp? At the mo...
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Is it beneficial to buy down points and reduce your monthly payment for a long term buy/hold strategy? So for ease of discussion, if I pay $3,600 to buy down the rate by 1% and reduce the principle/interest monthly p...
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Question about refinancing a syndicated deal.Goal: I want to start syndicating self storage facilities. The long-term goal is to refinance the syndicated deals around the 5 year mark to pay back the principal invested...
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We have owned a number of properties for some years and are starting to do updates as tenants leave and before we rent out again. We are also somewhat interested in investing in property updates to grow the rents on ...
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Our family is looking to purchase our first home. We plan to be in our new place for at least 5 years (we have a 12 year old and want to stay in place until he graduates). Do you use the same criteria (like 20% belo...
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With prices so high and cost to build at or below, this is so tempting. Podcast was great in the sense that he explains the better tax advantages but lower cash flow numbers and still being worth. I would love to hear...
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Hi… I am a new investor located in Philadelphia. I currently have one rental property which just passed a year of ownership. I am interested in ways to acquire additional rental units using someone else’s HELOC. How w...
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Hi y'all! Hoping this awesome community can share some wisdom for the home I'm planning to purchase in the next 6 months in East or South Austin. I know appreciation is a dirty word in some investing circles but my gu...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $77,000
Cash invested: $26,000
Except for the roof replacement, an employee and I textured, painted walls, and refi...