I currently live in a condo that costs $800/mo for PITI and HOAs. The rental comps are $750 on the low side, $850 on the high side. It's break-even at best, but being realistic, it's not really going to make me mone...
Hi all,
Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.
Here is what I see as potential +’s and...
I was at Costco today and saw that they sell tubs of emergency food. They have a tub that claims it will feed four people for 72 hours for $57.99 and will last 20 years. The other one claims it will feed one person fo...
When looking at expenses related to a property (vacancy, HOA, utilities, PM, repairs etc), how is that set up within a bank account? Do you lump them into one account and then dip into it when a vacancy or other expe...
An architect told me that the structural engineer services for building a 1000 sq ft 2 story ADU in Los Angeles would be $15K-20K. Does that seal reasonable?My lot is flat and 'unremarkable', btw.
I am looking to purchase my first investment porperty and I am wondering if I should setup a DBA, an LLC, or incorporate. I am an individual investor, but will also put my wife on the deeds. I plan to make her a 50% p...
I bid on what turned out to be a a 2nd mortgage in Ohio. The house is worth around $300k. I paid 258K at auction. Looking through the court records I can see that the 2nd mortgage was awarded ~100k. There are around ~...
I have a friend who wants us to buy rentals together. He will not do any of the search or management. He is only contributing cash to the deal. With that being said what is the best way to make everything equitable. S...
Hello all, I could use a little bit of advice here:
Is it advisable to buy a property in a city (Lincoln, NE) where you don't intend on staying long term? Currently, my plan is to move elsewhere within a couple years...
So I right now I have 3 proprieties, which all together makes me like 1000 cash flow each month. Right now my bank will not give me another loan cause My income does not stay under 40% so I am buying contracts homes. ...