Jason R Allen
First property, 125k, what do I do?
I'm looking to buy my first property.
Would you recommend:
A. Buy 4 properties at around 125k each?
B. Buy 2 properties at around 250k each?
C. Buy 1 property at around 500k?
Assume overall roi and cash flow fo...
Danielle Chapman
3 out of 4 Detroit SFHs Non-Paying
Hi all, looking for some advice please! About a year ago I purchased 4 homes in Detroit, each costing about $38k, all cash and they are still non-financed. Two were originally Section 8, now only one is (tennant insi...
Chris LoSapio
First Deal - Need Feedback
Here is the deal:
2 unit rental property
Purchase price $255,000
Unit 1 rent: $1,400
Unit 2 rent: $1,100
Garage rent: $100
Property is over assessed for taxes $11,700 in annual taxes assessed at $406k (this will be ...
Jason Fraser
Seller financing - determining number of payments
when using seller financing as a buying strategy, how do you determine the number of payments that you are willing to do when making the offer to the seller? Similar question with offering a down payment, is there ...
Greta Hansen Begg
Picking the best path--First REI
I live rent free (trade work hours for rent/utilities on an animal sanctuary) in a very low cost of living town in southwest New Mexico. Also generally low wage/poor/fixed income population. Mobile homes and SFH fixer...
Account Closed
Pros/Cons of Los Angeles?
I (25) live in LA with my parents and am chugging along at work saving up money for whenever I figure out what I want to do with it. Recently, my uncle (who owns a few condos near his businesses that he rents to emplo...
Chris Campbell
The Advantages of Homeownership in Arizona's Own Mountain Town, Flagstaff
Hi there!! Greetings from Flagstaff, AZ. It's a lovely day fresh off a snowstorm from the last few days. The Mountain looks gorgeous and I'm sure the recreational activities up there are incredible. It's this type of ...
Clint Cook
Section 8
Please share your thoughts on the good, the bad and the ugly of Section 8 rentals.Thanks
Kevin Reid
Where to start on funding cheap properties?
I am new to the game, as in brand new and I do not have a clue where to really start.
I currently own a house that we plan on living in for at least another 15 years or so, but we are very much underwater sti...
Pawel Ptaszek
Where to start?
Hello there everyone. My name is Pawel. I know this might be a question that's asked here daily, but where should i start? I am currently 22 and going to school for what seems to me an endless rat race with no bright ...