Shawn Sopic
House flipping in current market
We just went under contract on our first investment property which we plan to flip. Its a large house in a nice neighborhood in need of some TLC. We're using an interest only loan with 25% down. In current market c...
Daniella Lamis
First time STR, where is everyone investing in next??
We have 20% down for 2 STRs and will self manage from Arizona. Where are you investing next?
Kelly Foydl
You just net $1 Million dollars game
Hi all,I know it's been played before, but there are tons of us new to the site, so thought I would play it again.You just won something that gave you an after tax, free and clear $1 MILLION dollars to do as you pleas...
Colby Miles
Properties that dont cash flow
I was browsing some properties in manhattan, ny and some in the surrounding area and noticed that most of these properties have a negative cash flow. So i dont understand why anyone would want to invest in these prope...
Sunny Burns
I rejected applicant, he said he would pay $150 extra/month
First time landlord here. We just started advertising our rental 3 weeks ago. $1675/month for a 3 bedroom in Garfield NJ. We've gotten a lot of interest, 30 different groups of visitors, of those 8 applicants...We wan...
Gayla Kemp
Investors, do you own your personal home or rent?
I have been listening to podcasts and youtubes and I keep hearing people say that investors should not own their own home, they should rent. Can someone please explain the logic behind this. I have 55% equity in my ...
Account Closed
FL MORTGAGE BROKER: LIST property to sell fast and save too
As a Florida Mortgage Broker for a long time now and like other Mortgage Brokers who've been in the business since the 90s, I've been involved directly or indirectly, on many thousands of purchases deals.In this selle...
Nicholas Layton
Why so much emphasis on Cash on Cash return?
I always see people looking for a specific number for their cash on cash return. For example, Brandon likes 12% or higher, and he calculates this by taking the annual cashflow divided by the cash that is invested.My q...
Jessica Vollendorf
Creative ways to post rent price when utilities are included.
I'm wondering if there is a creative way to list my rent price. Currently the utility prices are included in the rent because I don't have split meters. The problem with this is that it drives up the cost of the rent ...
Daniel Fridrij
Looking to invest in 50K houses to rent.
I am an overseas investor, looking for a good city to invest in rental properties.
I want to start with a small investment (50K+-) and I heard about Dayton, Ohio and Detroit, Michigan.
I will really appreciate opini...