Liam Martin Ruane
All my applicants want to sublease through AirBnB etc
So I am in the process of finding a tenant for my first rental (a townhome in Houston with no HOA). Many of the inquiries that we get are from people looking to lease and then re-list on airbnb or VRBO etc. I have lis...
Arta Montero
Advice on how to get started in multifamily
I refinanced one of my rentals and will get $130k at 3.9% plus can get another 100k loan against my Roth at about 4.25% plus I have another 170k cash of my ownI also have 401k and other retirement accounts that I coul...
Kyle Dutson
Newbie with a private loan question
I was just curious if anyone could clarify something for me. Hypothetical, say I want to buy an income property but have no to little money. I have searched out another investor to help me but this investor wants to ...
Account Closed
Writing an effective YELLOW LETTER
Hello Everyone,So I started to do some research on yellow letters. The letters seem TOO generic. I'd like to add in something showing empathy but not too deep where it would irritate someone. Something along the lines...
Trevor Reilly
A rental plan turned major fix and flip in Spokane, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $35,000
Sale price: $235,500
Extensive full home remodel includes structural remodel of...
Trevor Reilly
A rental plan turned major fix and flip in Spokane, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $125,000
Cash invested: $35,000
Sale price: $235,500
Extensive full home remodel and structural remodel includi...
Kelsey Ardoin
The Swell Life Beach House
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $531,000
Cash invested: $60,000
Purchased as a fully-furnished, fully-decorated beach house in Crystal Beach
...
Sterling Granger
1x1 STR Rental Arbitrage
Investment Info:
Condo other investment.
Purchase price: $1,950
Cash invested: $3,000
Our location would not be considered a vacation area, but we tend to be a pitstop for folks traveling in and out ...
Mike Barone
When using a HELO do you count it when calculating Cash on Cash
I am looking at purchasing a duplex with a HELOC. When calculating cash on cash return would you use the whole amount or 0 cash invested since its a loan technically?Here is the scenario:Option 1Purchase 140K paid cas...
Drew Sylvia
My First Deal - Catching Up
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $285,000
Cash invested: $12,500
First real estate investment. Acquired with a friend as a partner (50/50 spl...