Jay Patel
Can I do better? (Cash Out Refinance)
Hey guys, So I am trying to cash out, refinance one of my rental properties. A little history: I purchased this property back in Feb 2016 for $50,000 with $800 closing costs (All in: $50,800). I have 100% equity in th...
Kenneth Dai
Out of state turnkey investing in Chicago
I got a bunch of questions about a property I purchased in Chicago through Profit from Rentals (PFR), so I thought I'd put down some of the facts here. I'll attempt to keep this as a running post, so folks who are cu...
Jocelyn Hinz
10 plex analysis
Hello everyone,We're looking at a deal and would love some input from some veterans. This is a 10 plex in our town, just five minutes from our house. We would do the property management ourselves at least initially, b...
Rick L.
Help! I'm bad at math or doing something wrong
Hello BP,I have two properties and looking to purchase a third. I keep doing the numbers and feel like the numbers are showing bad deals, but it doesn't make sense to me how they can be. I know I need to re-read some ...
Matt Denton
Purchasing a vacation home as a rental
I'm planning out my investment strategy for the next 5 years and am considering adding a vacation property to the mix at either a lake or outside of a town we love visiting in the Texas hill country. I know there are ...
Blake Burnett
Long distance condo
I'd like to get some opinions on a condo deal, which I know few of you recommend. I'm active duty military stationed in Norfolk with plans to move back to the west coast in about a year and a half, which is why I'd li...
Jae Hee Hwang
Philadelphia Water Main Service Line - Is it illegal?
Hello! I just bought my first house in Philadelphia. The house has lead main water service line, and my property management (who also does work in the house for a commission) says that it's illegal and I should get it...
Blake C.
1st Partnership Deal
Would you do this deal? It doesn't have the cashflow I like, but its on 100% financing. 50K house (3/2/2). 22K needed in repairs. ARV of 90k. Rent at $950. 100% financing, including repairs at prime with a floor at 4%...
Liam Morris
Analyzing a Rental Property Deal
I'm still new, but trying to practice evaluating opportunities as I see them. Could you guys help me make sure my thought process is correct for the below opportunity? Tell me where the holes are.There is an opportu...
John K.
software
I see other posts out there about software for rental properties. I can't seem to find any good solution that is designed more for a small portfolio rental property owner, and not for a property management company...