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I can't keep up with the all the changes for the eviction bans. Does anyone know what is currently going on? I have a tenant that has been unemployed pre covid and owes rent from March. I applied for the ERA but doesn...
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How many Deals do you Pass on your way to Work? From here in Memphis or Your home town?From my home at the base of the Bass Pro Shop Pyramid, in the Pinch District, in Downtown Memphis to my office in East Memphis it...
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Hey everyone! We (my parents and I) need a REPLACEMENT contractor to finish some work at our house in Southlake (near Grapevine/DFW). It's in quite a pinch because our contractor just jumped ship on us in the middle o...
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why do people who try to explain use 30yr mortgage vs 15yr mortgage on 100k properties. The difference in interest is huge and wouldnt a 15 year vision be more closer to a home run?
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I have a single family rental located in Cleveland Ohio (Tremont area) on a slab foundation. Just found out there is a hole in one of the sewer pipes under the kitchen floor. Roots had grown into the pipe when The plu...
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Hey everyone! Real estate newbie here looking to score his first great deal. Learning a lot from the books and forums!Here’s a quick backstory:Saved just enough cash for 20% down for a $300k-$350k home in Northern NJ ...
Hello,
I am wondering how people grow their portfolio after they accumulate a certain number of loans for rentals. For example,
some people have 100+ rentals, most of those leveraged with debt, however I know there i...
Hello, I am looking to purchase a rental home in a college town and have thought about the idea of individual leases (I have seen this many times at apartments around the area). Instead of listing a 4 BR house for, le...
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Hi,
I am super new to the investment world. I have a HELOC on my current home and would like to begin my RE investment journey with it on a multifamily property. Any advice on how I could go about this?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $252,000
Cash invested: $50,000
This was a HUD purchase just like my first deal. I was able to utilize the $...