Jennifer W.
Is breaking even enough?
I own a condo and cannot determine if I should sell or keep it for future rental income. I currently lose about $25 a month after mortgage, insurance, property taxes and homeowner fees.
Facts:
Purchase price in 200...
Rick Im
What to do when my agent makes a unforgivable mistake
Hello,
You won't believe this happened. Last week, HUS accepted my bid on a really good deal and I gave the earnest money in time. My agent passed the deadline of 2 business days to submit necessary documents online....
Tony Stephens
Whats the best use of 5,000$ to build my new wholesaling business
We are in the beginning stages of building Our wholesaling business, and only have 5,000 dollars. What would be the best use of this money? The websites are built and I have a small cash buyers list built ( not sure h...
Michelle C.
New investor needs some advice
Hi everyone, I am new to real estate and this form. Seeing so much great advice and information here, I was wondering if anyone would be willing to share some wisdom on my situations:I live in Vancouver and purchased ...
Jeff Fairchild
Crazy (but maybe not) idea to buy at 85% of asking
Since I'm a new investor, I'm obviously trying to figure out as many ways as possible to not lose deals. One crazy idea that I came up with is:
Arv 210000
Asking 200000
Use option - purchase price 170000 (85%)
...
N/A N/A
refinance or cash out???
Hello all. I just have a quick question. I currently have a property worth $124k and the current principal owed is about $58k. The current mortgage is about $600/mo @ 6.8% and the rent is $725/mo. Would it be a be...
Adam Ng
How is this house worth $300K+?
Story time:So a couple weeks ago I made an offer on a house I really liked. It was completely re-modeled and it was a nice little small house and the only thing I could tell that could of used some improvement on was ...
Juan Perez
New to RE, Houston Area
Hello everyone, Humberto here I moved to Houston 6 months ago and began working on my field as an IT Consultant, seemed to me be going great but work slowed down so much that it seems I may loose my job, now I always ...
Raj Patel
First time investor! Mid twenties looking at multiplex
Hey guys! I have been creeping on this forum for a long time. I am so impressed by how experienced and knowledgable all of you are. A lot of the internet is full of people talking about subjects that they aren't very ...
Anjali L.
LLC for rentals, pros and cons?
I have a couple of houses in New Jersey that I’m thinking of putting into an LLC individually. Any pros and cons moving from primary residence to LLC? New to this and would’ve appreciate any suggestions.