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Hello everyone, I am Kyle and recently left the military to pursue full time real estate investing with my business partner, Darren, who I attended West Point with. We now live in the Hampton Roads area; more specifi...
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Hey BP,Unfortunately I have been shafted on my first deal. I jumped through all the hurdles needed to close the deal. Handled all the renovations myself; even after been victimized of fraud & rented my second uni...
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Hello,Is there anyway where for free I can find out if rental property is free and clear or how much they still own on the property?Thanks,
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Could my peers please look at my calculations and advise if im overlooking something or being overly optamistic and advise if thisis a good deal
Buying a duplex (2/1 each side) and here are the numbers
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Price $294,000
20% down = $58,000
Annual Mortgage = $16,000. (4.25 for 30 years)
Annual rent = $81,600
Estimated annual expenses = $8,500
NOI = $56,500
Not sure how much to keep for repairs ? Could you help ...
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Hi everyone,
I purchased my first rental property in June 2023, and it took until December to prepare it for tenants. I posted the listing on December 12, and my first tenant moved in on December 26th.
As I’m filing...
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Hi all - I am working to close on my first rental here in the Phoenix area and unfortunately after exhausting all other options we were able to secure a private lender from within the family. However, I have never bee...
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Are the going/common down payment minimum for duplex's (20%) tri/quadplex (25%)?Investment property (not primary residence)
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So I bought a junior lien and got the payoff and reinstatement amounts. I can't figure out what the principle balance will be if I choose to just reinstate the loan. Here are the major numbers I'm working with. Unpai...
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I am wondering if this can be a solution for investors with more than 10 investment properties.They claim that "The property’s cash flow may be utilized for investment properties in lieu of conventional methods". I am...