How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?
Thanks,
Shawn
I closed on my first duplex this past week and inherited tenants. Based on the lease and review from the former PM, tenant A is still owing pet deposit since Start of lease and is currently past due by 1.5 month. T...
I posted this for discussion on the investment aspects of Detroit.
I am very pro Detroit, but not ready to invest there yet--too many problems.
I think it has a ways to go before I'd be comfortable investing there.=...
Hi all, need some advice. I am looking at doing a cash out refinance / portfolio loan for 25 years at 7.5% interest on 5 of rental properties. Be nice to get 30 years if possible but no one local does that. My paym...
Hi, could I run these numbers by you and ask you what you think?
I am looking at a duplex in southern NH. It is in excellent condition and is a 2bd on one side and 3bd on the other, both have 2 full baths.
At the l...
I’m looking for advice on how to BRRR a commercial property in the most effective way. This property is under very poor management and slightly distressed. Appraised at $550k, but with some tweaks and rent raises, I’m...
If you suddenly had $200,000, what would you do with it?
I own 7 properties (8 doors) in southwest Pennsylvania free and clear. I cash flow about 7k a month after expenses. These are in C locations but my places are on the nicer end of what is available in those locations...
We've seen tremendous interest from investors seeking larger balance investment property HELOC's or home equity lines of credit. Understandably, investors are looking to tap or access increasing equity positions, many...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $480,000
Cash invested: $24,000
Purchased using a 5% down conventional loan. I bought this home and lived in it w...