Hello! I’m Aaron from Pasadena, MD. I’m in the beginning phases of my real estate journey. I’m 30 years old, working a full time job doing HVAC while learning and networking about all things real estate related. My cu...
One of my tenants is asking if they can go month-to-month at the end of their lease, until they close on the house they're buying. Should I add a premium to the rent? How much? It's currently $950. How much notice sho...
My wife and I currently live in a duplex owned by my wife's grandmother. She is in her 80s with a small fixed income and a dwindling nest egg. There is decent equity in the house: $125k or so on the mortgage and curre...
I'm looking at a 4-plex listed at 190k that earns $2600 monthly rent (a little below market rates, but still enough to cash flow nicely - about $200/door). The property is in good shape with many recent rehabs - new ...
This is just a random idea I had the other day but in theory, would it be possible to use the BRRR method to buy multi-family properties with privately raised investor capital and then pay them back directly after the...
Hi everybody!! So I am currently in the process of refinancing my house. When I purchased the property originally the lender I used stretched my numbers to the max. ( meaning I got approved for the most amount of mone...
Hi all,I’ve been talking with an owner about purchasing his property. He wants to sell it, but he purchased it with a 1031 exchange and doesn’t want to pay all those taxes (do any of us?). He doesn’t want to do anoth...
The area I am speaking to, is Colorado and 9th or "9+CO" as it's called. This development stretches from 8th avenue up to 11th avenue on the east side of Colorado Blvd.This area started off by tearing down several bu...
Hi All,I have a chance to purchase a condo for 50K or so for a buy and hold. Rent is 1200 - condo fees 358 - taxes 170 - insurance ?I will pay cash to purchase and my prelim cash on cash is around 10%Sounds like a no...
I am looking for advice on foreclosing on a home that I am owner financing. The buyer is coming up on 5 months delinquent! He has gotten behind before and paid in bulk, but this is stretching out too long, and as it i...