I just acquired my first property and will be needing to change the rent. The property is currently occupied for $695 a month, but as a 1,280 sq ft 3 bedroom 1 bath unit, all the comps in the area are at $950 for the ...
I am just starting to get into investing. My background is medical, so I am learning everything I can to get started. I have been reading and watching the videos on the website. I have been looking at properties that...
Do you guys worry about the dollar dropping in value and inflation hitting in the short term? Looking at another rental property but hesitant at what the future holds for the value of my investment. Thoughts?
Hello friends, I am thinking of pulling equity from a paid-off rental and use the money as downpayment on another rental. The rest of the money will also be from another loan. In effect, it will be 100% financed by ...
As I understand, Cuyahoga County is reassessing property values. Does that mean many of the people investing in the Cleveland area are about to have their cash flow reduced by a big chunk, or even wiped out? It sounds...
Hello, I bought a property back in 2016 and it has increase in value of around 3% - 4% each year. Is it worth to cash out the equity now to put down payment on another rental property?
Hello! I need some help sorting this out in my head. We have a LTR that was our primary home. Purchased in 2007. Bought for $220,000. Currently owe $100,000. Rents for $2100/month. Mortgage is a 15 or 20 year (...
I have an STR in Miramar Beach with a community pool that's not heated. No gas in the community, 27 LARGE homes. The pool is maybe 30'x90' give or take. I'm on the HOA board and am trying to make a case that the heate...
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...
Wanted to reach out to those who may own personal or investment properties in Elkhorn, NE to discuss the rising tax valuations, and options (if any) to fight them after unsuccessfully protesting them.
Last year, my...