Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $8,000
This was my first investment and it was bought in cash, 3bed 1bath, 1010sqft
...
I recently purchased a property that will be a vacation home, and vacation rental. I had planned on putting 20% down and getting a mortgage, but due to 6+ offers, I had to give a cash offer to get it done. The cash a...
Hello! I need some help sorting this out in my head. We have a LTR that was our primary home. Purchased in 2007. Bought for $220,000. Currently owe $100,000. Rents for $2100/month. Mortgage is a 15 or 20 year (...
When should you refinance your mortgage? Is now the time since interest rates have finally fallen? Or will refinancing down to today’s rates not be worth it when, six months from now, interest rates could be substanti...
I’m working with my father on managing his RE. We have one multi family property that is fully paid off and generates roughly $200k in NOI/Cash Flow. My father is 60 years old. We have been discussing options on how t...
Hello fellow investors,The results may not surprise anybody and some may think "duh", but I always wanted to put some number down to compare financing a property versus fully owning it (no mortgage) and see the impact...
Hey All!
So I found a cash flowing duplex that I'm interested in purchasing as a BRRRR investment. Its a short sale and there's a minimum price they will let it go for, which is about $110k. The house needs between $...
I am looking at a mobile home park that has (5) mobile homes on it. Current cash flow is $557/MO - Cap Rate 6.9% and COC 18%.Does this sound like a great opportunity? Looking for some feedback and thoughts. Thank you ...
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Tracking your net worth as a real estate investor can help you make informed financial decisions. It will help you clearly understand your current financial position to see if you are reaching your goals. It can also ...