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When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...
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Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
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Body of Arkansas Real Estate Agent found, this is so sad! Praying for the family. This hits me hard as I have to show property by myself and the thought has crossed my mind as to what could happen. Things I do:Never s...
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I'm in the process of refinancing an out of state rental property. The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers c...
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I figured this would be an interesting discussion to have. I am really excited to hear from the folks who are much older than I am on this one. As they say "you don't know what you don't know"
@Jay Hinrichs
@Russell...
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All:I've recently spoken to a few REIA groups in my area about my business and I thought it would be a good idea to share this info in the forums.I've been investing in college student rentals for 12 years and current...
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
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I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
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Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...