An older friend (close to 70) owns a rental that makes a small positive cash flow.
There is an existing mortgage of about $15K which he could pay, but has been saving that $15K (and more) for down payment when he fin...
am trying to become more strategic with my real estate portfolio. Right now I have ten rentals that are paying me around $50k/year in positive cash flow after fees and expenses. About $62k per year if you include t...
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Hey Everyone,Thanks for taking the time to read and give input! Here is my scenario:I want to make sure my rental portfolio is at its maximum potential without over-leveraging. I have been so focused on my flip busine...
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I got inspired the other day when I read an article on a guy who bought 44 units in about 5 years, started at 20.I found a neighborhood were the houses are selling around 35k and the rents are $700! I got so excited I...
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Hi All,I am remodeling a kitchen in a 2 family house I just bought. I am upgrading the full unit to be more modern and have an open concept. The house is in West Hartford CT, a very nice area where a lot of professio...
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So I've heard this can run you a lot - around $30,000 for the average sized home of $400,000 in the area I'm looking at. So that means if my downpayment is $80,000, $30,000 is really going to affect things:1) Capital ...
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Are You Holding Security Deposits in Separate Accounts?
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I am looking to purchase a single family home and turn it into a rent-by-the-room situation. PadSplit is suggesting to take away common spaces like the living room and dining room and turn them into bedrooms. I think ...