Bought a condo at a ski resort in CO in May 2022 for $510k. Put down 15%, borrowed the rest at 4%. Originally planned to move in, or at least use substantially, but life had other plans so have been listing on Airbnb....
Orange County, CA ( La Habra) On my current residence, owe approx $335k + $135k HELOC (down payments for out of state rentals). Home worth $825k give or take. Mortgage at 3.125% and a payment incl. taxes and insurance...
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
I have a motivated seller looking to sell by end of week. I have a cash buyer lined up ready to go. Issue is the sellers agent got involved and asked to hold $12k in escrow or they are not signing contract. My investo...
I own 10 properties in Southern California area. All my properties pay my mortgages on all homes and break even. In all my homes I have about 1.7 million equity. The problem is I can’t touch any of the equity. Recentl...
I read an article about transactional funding (copied and pasted below) I wanted to make sure I I comprehend everything, and I really want to break it down to its molecules. That's the only way I'm going to get this.l...
I am putting the final touches on my property so i can purchase and house hack into a new duplex and get my current unit rent ready, however i have run into what seems like it should be a simple problem. I need to rep...
I made all of the rookie mistakes and now I must learn and hopefully recover from them. I purchased my first rental property in May 2021 sight unseen through an online auction. There were 60 properties for sale and ...
I have a rental...It was originally occupied by myself and wife. We moved 2 1/2 years ago, and turned it into a rental. We notified the tenant, we would not be renewing the lease(expires August 31) and will sell the...
Weekend Talking Points – ‘Sunshine’
for Saturday, April 6, 2024
Here’s my weekly briefing on all things real estate. Feel free to share: better-informed agents and LOs provide more valuable counsel to their Investor...