Klemont Wright
Proper valuation of unfinished new construction
Hi all.We have a couple opportunities ti purchase a couple properties (one is a single family, the other is a duplex)Both of them are new construction but only about halfway complete.We have learned of the reasons why...
Mike Miller
Having a bit of a hard time figuring out how to determine ROI
Either I cannot seem to find an answer to this on the web or I am using the wrong search terms. I am trying to figure out how to calculate ROI in the following scenario. Our original primary residence. Bought 18 years...
Chloe Ralston
New Investors looking for the right market
My husband and I are relocating with the military early next summer, but have to decide on the right area very soon. We are between Houston, TX, Jacksonville, FL and Cape Canaveral, FL. We are trying to house hack our...
John Bates
Inherited house, planning to BRRRR
I have inherited a free and clear 62 year old house in a good neighborhood. Could do a little rehab, $15,000, on a $130,000 house, but I would expect more work to be needed frequently over time. Work needed include...
Thomas Jameson
Best places to invest that are landlord friendly
Hello, wondering what places you would recommend investing that are landlord friendly, a mix of appreciation and cash flow,. Also taking in consideration insurance, taxes, cost of repairs.
Wilson Lin
End of quantitative easing - How will this affect RE?
The fed announced today that it would be ending its 6 year period of QE. The labor market has been recovering and the feds expect national economic recovery to continue amidst a global economic slowdown. They also me...
Tyler Cordell
Turning current home into rental property but will have neg cf
Currently have a single family home that I contemplated turning into a rental.
Current loan is 2.625%, 74k owed, with a $521 mortgage payment. House is worth about $95k. House will probably rent for 750/mo. My 15 yea...
Chris Martin
With inflated prices, are LTR investor selling straight options?
I received a letter yesterday that said this:This letter is to inform you our client is interested in purchasing your property at [redacted]. We recently represented a cash buyer who purchased a home in your subdivisi...
Chris Seveney
Some Due Diligence Basics on Note Investing
Recently, been seeing more and more online posts of performing mortgage notes on the secondary market as one-offs with a rise in individual investors presenting "anticipated returns". The numbers invited a closer insp...
Christopher Murphy
Townhouse vs SFH Thoughts?
Hi All,
I am looking into purchasing my first property as a househack. I found a townhouse that I like the numbers for as a rental (after I fulfill my living requirements for loan). However, it is priced similar to S...