Hi all, As the title says, how much is too much leverage at one time. I currently own 3 homes and used my heloc to front the down payments. I still have half of my heloc left. Is it better to keep adding equity by doi...
Well, it's about a rap with my latest two year "live in" flip. Did 100% of the work myself. She will be going on the market in a couple weeks. Here's the before and afters!
Purchase Price: $102,000
Repairs: $20,00...
If you were just starting out in real estate at this time and wanted to buy houses for the purpose of buy and rent out for the long term. Would you go with section 8 tenants or open market given that in my market ther...
Old blind guy wants to buy a lottery ticket for a dollar (don't ask me how he got there). He is sure his numbers will hit this week. He goes to give the cashier 100 dollar bill and the cashier explains he can't ...
Hi,I expect to be purchasing my first rental property in Florida in the next few months. Will I need to get workers compensation insurance for it for whenever somebody does repairs at the property? What if the per...
Hi Everyone,I’m currently self managing and each time I’ve needed an electrician/plumber I meet them at the property myself. I’ve only got one property but I wanted to hear from someone who has the experience in self ...
My fiancé and I are currently in negotiations on a triplex and the inspection revealed some unexpected repairs. With the cost of repairs and the down payment, I’m wondering if we are in danger of over leveraging ourse...
I am looking into a 10 unit building that has an onsite property manager. The manager does not pay rent and is instead responsible for management duties. He also does keeps the grounds and does the repairs. The repair...
Looking to buy rental condo. $184,000 property, 20% down, so finance 147,200. Rate estimated to be 4.75% 30 yr fixed, taxes $2175/yr, insurance $600/yr, HOA dues $115/month. Cost estimate would be about $1110/month....
Hi all, Very new to real estate, property managing, landlording, and all of the above. I hired a local property manager because doing it myself was a bit too much with my full time job. My personal SFH built in 2019 h...