An $800k house with 20% down, 7.5% interest + taxes($8000)+insurance($1800) will have about $5,200 monthly payment, $5,800 if 10% down payment. Is there demand for $4,500+ rentals in your market? What is the profile o...
Good morning fellow investors, I’m having a bit of trouble assessing a “price” for a house to do my assignment fee calculations. The house is a flood property (which happened in Baton Rouge 2016), but it is in a great...
Hello my friends...I suppose my post is misleading...I've invested in real estate...it's just been homes I have lived in! I've had a bit of a journey that I won't bore y'all with.About me/us: I am leading the charge t...
I'm curious if BRRRR ("fix & rent") works in the Fargo metro area. Essentially, the ability to have your purchase price + rehab costs <70% of the ARV, so after you rehab you can find tenants & then refinanc...
I see a lot of references to different classes of properties and was curious if there was some objective measure to make this determination or if it's more subjective
HI Guys,I finally made a decision to make the move to Washington DC in two months, I am really looking to buy a duplex or triplex that is "relatively" inexpensive ( my budget is around the 300k range I know that this ...
As I'm starting out and doing alot of reading, I keep coming across many that mention to learn your market. This may sound dumb but, what exactly does this mean? Im a total newbie when it comes to rei and have the sli...
Hello,I live in South Florida and I am looking to buy a large number of properties (mostly single family homes, possibly some multi-family) that I can buy with cash and rent out to make good cash flow. I'm really not...
Decided to post since I keep seeing the same mistake. Its almost always from new investors. Please don't make this mistake you will pay for it.Step 1:You are interested in Real Estate, want to live off of passive in...
Hello, I'm Wade. I'm a real estate investor currently invested in Maryland but I want to expand. Any advice on the Orlando, FL rental market? Is it strong? Neighborhoods I should pursue? Neighborhoods I should stay aw...