As my profile says, I'm a professional wholesaler in the Cincinnati market - we have 35 houses closed or pending closing so far this year. One of the promises that we've made our customers (I use "we" a lot when I me...
Hello everyone!I'm looking at getting into buying and holding and I have a question about a piece of property I'm looking at. The property in question is a 3 unit that is currently listed for $50,000. It's a total m...
Greetings, Thanks for taking your time to read my story. Please start by telling you a little bit about me. I'm 29 years old married with one child on the way soon. Born and raised in Chattanooga, Tennessee. We were m...
Hi everyone,
I am currently reading Set for Life by Scott trench, it’s great so far. I am on step one for saving $25,000. Once I get there I was considering house hacking a quadplex. I was wondering if it is realisti...
So.... my house is worth 1.3mil. and my mortgage balance is 250k... i have some equity. I've built 3 homes, and I know my way around... (these homes were for myself, my parents, and my sister).... Now.. saw a 2 family...
What are some of the structures that you have seen work (ideally in your own funds, i.e. people with experience)? I am familiar with the model of LLP for fixed investment, return in X years. What about more active par...
Team - I'm both new to this forum and relatively new to RE. I'd love to get your POV on my situationCircumstanceI'm an early employee at a (now) large tech and have 8-figure NW in stocks & bonds. I don't have much...
Hi,
I purchased my residence 7 years ago for $320k at 3.625%/30 yr mortgage. I have 220k left on the loan and the house is now worth $560k. I am thinking about taking a cash out refi to buy other properties, but I lo...
I'm looking at a duplex in york, sc and I'm not sure what kind of profit percentages are good in this area so any advice from someone who has experience in this market would help me a great deal.
In your opinion, is the 1% rule as important? I’m considering 2 properties as they are both very close to the 1% rule. There is some upside in raising the rents but some are long term tenants.