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List Price: 235kReno: 45kARV: $340kHOA: $100 / monthZillow Rent Estimate: $2,300I couldn't find any information on current investor mortgage rates, so I used 8.1% (my HELOC interest rate) for the calculation. My credi...
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I am starting to purchase SFR homes to buy and hold. The homes I'm getting tend to be older 1900-1950 and so have galvanized pipes. What rule of thumb do people tend to use for when to replace them? when something's l...
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After all these months watching HGTV and reading books. I was finally able to pull out a modest profit on my 1st flip deal. I’m grateful that after all the startup cost and unexpected issues, I was able to come ou...
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I just mentioned in another thread that boredum was probably the reason for my varied experience. Thinking back, when I got out of the military I was an agent for Metropolitian Insurance. I had a sales manager who tol...
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All the rain has caused havoc with the foundation of my flip house. Two contracts have fallen through because of inspectors saying the foundation is bad. In all honesty, the foundation isn’t shot, but the rain has cau...
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I am looking to buy a multifamily investment property. I am narrowing my search to a 2-4 unit building in the Indianapolis area.
I am starting the process with 2 activities:
1) Reaching out to brokers in the area
2...
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I have a 2 bedroom house with 2 tenants. It was previously being managed by a property manager.
The PM let them get 3 months behind in rent and said they were 'working with the tenants to bring them up to date'.
I ...
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Hey, everyone.For those that I haven't met, I'm a new investor in Central New Jersey. I am considering student housing as a buy and hold option. To all you experienced investors: what are the potential pros and cons ...
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I found some similar posts, but I also had some specifics that I would like to try and get cleared up. I am new to investing, in the Denver market, and looking for the right time to buy. I believe that we are about to...
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Hey BP! I am looking for any competitive lenders who are still offering HELOC's on investment properties? It seems like most lenders have pulled back and have restricted this to primary residences only now. The pur...