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I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
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Last year I opted to turn my primary residence into a rental and purchase a new primary residence. In the next year or so I’d like to acquire another single family rental property in my immediate area. At the moment h...
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So first let me say, my wife and I got into real estate investing about a year ago. I am going to put below the RE deals that we have made, thus far. 1. Duplex- Paid 16k-Worth 35k- Generating $1,280/month in rent2. SF...
Hi all,My wife and I live in the Raleigh/Durham area (for those who are familiar with the area, we are located by Southpoint Mall very close to the Research Triangle Park). We bought the home in 2015 for $212,000, and...
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Need some thoughts.
Do you guys think rental arbitrage is a good stepping stone to build some cash and experience before getting into purchasing and doing STR with a property I own? In my situation, I do not have mu...
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I'm meeting with a builder Tuesday morning about building two spec homes. My listing agent for another deal bought a house with four extra lots on it. She said she has another money person who wants to build on two an...
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Hi everyone, currently own a 3-plex unit in Shreveport, La -- I am self-managing the property (my first one). My tenant is late on a payment and currently owes $700 rent + late fees for a total of $775. Today is the f...
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I live in the Denver Market and have a buy and hold property in Boulder. I am looking to grow my portfolio but having trouble wrapping my head around the metrics of making the cash flow work in the Denver or even Fro...
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My husband is working full time. I'm housewife taking care of our child and rental properties.We have 5 SFR and one apartment building out of state, managed by PM. We bought the apartment building vacant last year an...
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You have two homes that are rented at 1,000 and 1,050 a month with 2 year leases.
No mortgages on either home.
Both houses were purchased and renovated
One Is worth 135k wIth about 30k equity.
One Is worth 130k wIth a...