I bought my first commercial rental a few months back using seller finance and it was a breeze since the property was off market And I could talk to the seller directly. The seller and I haggled it all out based on th...
Question 1:Is anyone hitting the 70% rule in the DFW market or any other similarly hot markets? If not what have you resolved/accepted to be your new acceptable margins? How are they working out?Question 2:Here is my...
Townhouse detailsLoan for $177kOwe $158kValue of the townhouse $225kcurrent mortgage $1118 including PMI and escrowHOA $300Total Mortgage+HOA= 1418We could rent the townhouse for $1700 or $1800 as we see others in our...
Hi, I'm in the refinance part of my BRRRR project and was given options of FHA vs conventional cash out refinance. I'm using the cash to pay off my HELOC and then use the HELOC to purchase another property. In compari...
Hi All
I am new to real estate and I am looking to buy a rental property with s budget of 100k in Houston. What is your advice on Houston market and its future?
Murali
I am sure everyone has seen the damage from the hurricane . How do you think this will effect rental rates , home sales , construction costs , and insurance costs in Florida and up and down the coast ? There will ...
It’s generally thought that if interest rates go up, investors will demand a higher Cap Rate.
Assuming that’s true, if Cap Rates go from 4% to 5%, the math says price would have to go down by 20%.
Somehow I don’t se...
I’m happy to be here! Looking to learn more about investing more, and contribute what I can. I’m an investor and a property manager in Las Vegas :-)
Was driving for dollars when I saw this double with a bunch of newspapers outside in a decent Buffalo NY neighborhood. Sent the owner a letter and a church reach back out to me and said they had three other occupIed u...
We currently have been in the RE business since 1999 and now have over 170 mixed use units. We also have been extremely aggressive on paying off our debt and now own several properties free and clear. This proves to...