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I don't understand how Dave Ramsey was screwed over so bad. He was young, had a lot of debt, but had about $1M in equity. He says the banks he went through were bought out and that the new owners wanted the debts paid...
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Underwater on a duplex in a depressed so. Cal area. Currently worth about 90k (and dropping). Owe 130K. Barely breaks even because market won't allow raise in rents. Appreciation is, of course, a distant pipe dream ri...
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Hey guys. I was wondering if I could get some insight into a deal I just got under contract. The numbers are great, but I've never put together anything like this before. Any feedback would be greatly appreciated.D...
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I have a tenant that has been in my unit for two years and just signed another 1 year lease extension. Her dogs have chewed/torn up the carpet in the couple of rooms that were carpet instead of laminate. She has been ...
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Signed contract with contingency that renters will vacate in 90 days.Updates along the way were renters found another place and have been moving stuff out.90 days is May 30 and just received word that the renters will...
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Greetings,My wife and I hired a general contractor to renovate a garage on one of our properties. He provided an estimate up front , and we paid half as an initial deposit. Upon completion of the job (which was done s...
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We currently have two rental houses. I'm wondering about refinancing our primary house to free up a line of credit to purchase another property. What are the downsides to refinancing? We have two mortgages on two sepa...
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I’m just getting started in REI. Before I realized this is what I wanted to do, my wife and I lived in a condo that we rented. To save some money for our first investment, a multifamily we’d house hack, we decided to ...
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Hi all!
I’ve lurked up until now but I love the vibe of this community!! <3
I want to buy my first multi-family property. I have a job that provides me a good salary and I want to invest my spare time building we...