Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Hey everyone! It seems like maybe a post for this was done a few years ago, but the site has grown tremendously so I assume it can't hurt to do an updated one. I just read a forum post where a female investor mentione...
I have a tenant who is a month to month tenant. She has not paid rent for two months and has cut off all communication with me so I have mailed her a non renewal notification. My question is what are my options to get...
Hi! I’m Christine. I need help. I decided almost 10 years ago that I wanted to become a REI. My grandfather had multiple rental properties and at a young age I understood the benefits and was intrigued. No sooner had ...
Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...
Hello! First time posting, long time lurker.
Within the next 7 months, my partner and I are looking to purchase a duplex or triplex - with a 375k budget (on the high end). We plan on putting 10-20% down. We both wor...
Hi guys!You have helped me a lot already to understand things about real estate. I have realized that I have been doing things wrong...(Like negative cash flow on my two rentals, etc) ...So I figured that may be you c...
This would be my absolute first flip and I've already identified a property that is selling for $50k, and the literal next door over was just bought for $65k and sold for $125k 3 months later. My Question is: I'm prea...
Hi Everyone, This is my first post so we will see how it goes. I would like some thought and analysis of a deal I am looking at. The property is a 3 family in a mid size city in Ma. The seller is offering financing ...