Nate Lindquist
Using equity to purchase investment properties
My wife and I currently own and occupy our first investment property, which is a multi family in a pretty popular part of Portland Oregon. We have owned it for a little over a year, and have roughly 200K in equity th...
Lane Mcdonald
Use saved cash to pay small debt or invest more?
I feel like the obvious answer to this question is to get rid of the debt, right? but the $7000 to pay off the vehicle will only save me about $600 in interest whereas investing that 7k into another home or renovation...
Ray S.
Prevent unauthorized parking
I have a 4-plex with 4 parking spots. People keep parking in our vacant spaces or blocking the driveway. The tow companies never come when I call them. And I'm also slightly afraid of a retaliation if I have someone t...
William Downey
Managing / Organizing Finances for Flipping Business
Hi All,
I was hoping to get some perspective on how you have organized your businesses finances primarily when it comes to running a fix & flip business.
Generally I'm wondering what account types I should have,...
Vincent Pirrone
RV Storage Business?
So, recently I've been interested in possibly buying a plot of land near Colorado Springs, CO and developing it into an RV Storage Facility. I have been interested in self storage for a bit, but it seems like it's too...
Casey Oberg
Oregon property, refinance or other option?
Hi everyone! Hopefully an easy question here but first some backstory:My mom inherited her parents house, completely paid off and just appraised for almost $500K. She and her brother share it, he wants out, and my mom...
Ben Freiermuth
What do I include with my college student rental applications?
Hello! I am a soon-to-be rental property manager for my father's college rental business located in Whitewater, WI. We have 85 units in our portfolio. We recently purchased Buildium for our property management softwar...
Milind Shastri
Cost of flipping (a car!)
This is kind of weird. I usually flip houses, but with working from home available from my regular job, I'd love to try out working from a vehicle. Say I buy a bus or a van listed at $30k and sell it 1 year later for ...
John Krasner
Using capital efficiently?
I only have a small amount of seed capital available, what are some ways to ensure that the money isn't spent frivolously on business costs that really aren't necessary during the initial stages? What are some common ...
Venkata Ede
Please Review my deal
Hi everyone!
Please tell me what you think of the deal below:
Strategy: Rent by the room | Purchase Price: 310k | Interest Rate: 7.1% | Square ft: 2027 | Closing Cost: 23k
Details: This home is a two-story with 3 b...