What would be your investment strategy to scale the quickest and why? Choice 1: Smaller and "more affordable" market. Purchase 2-3 properties cash and renovate each property to have ~120K equity in each to rent an...
Hi all, My wife and I now own 4 rental units, and are looking to increase rapidly and wisely. We purchased a 3-unit with a HELOC (Home Equity Line of Credit) from our home. We now have the option to pay off this lin...
So I have some old 401ks that i'm planning on cashing out (I know that's a little alarming but after tons of debating and research I think its the best use of the funds) to use on my first BRRRR. I was planning on jus...
Hi fellow investors,I am trying to decide between paying down debt on my existing rental property or acquiring new rental property with the cash I have. Conventional wisdom says it is better to use leverage and acquir...
I am new to being a landlord, starting with my first rental property. What's the best way to have tenants pay rent?
I am wondering what is the minimum return on investment people look for in regards to rentals. I mean return on investment in terms of return on actual money put into a deal. For example a 10000yr net (after paying al...
Hello, I am a newbie investor and I have acquired 2 properties (no mortgage) and I’m looking to secure funds for a rehab. The properties aren’t in livable shape and one I would like to make my primary residence. What ...
How do I go about figuring out the worth of a mobile home? It's a 1991, 14x70, 3 bed/ 2 bath. In Dubois, In.It needs some workThanks, Carrie
Any tips on a limited partner using a HELOC to invest in a partnership with me. I am open to making monthly payments so that the partner can naturally make their payments.
So I have a rental property in Iowa. I am sitting on approximately $40k in equity I would like to tap into at closing. The property is rented with quarterly cash paying tenants. How do I go about selling the proper...