What is everyone's consensus on paying off rental properties vs leveraging to aquire more? I understand from an appreciation standpoint it definitely makes more sense to be leveraged, I also understand that my return ...
Don't get me wrong here--I have had HUGE gains from real estate investments (yet I am not a seasoned Investor). This post has made me very happy that I have been so heavy in stocks. Poor MikeOh's $100 a month for so ...
I'm in the market to buy my first home (30 year fixed), and today I talked with my first potential lender. It made me realize that I need to get ALOT more educated. LOL.
They approved me for up to $200,000 at 6.25...
I talk to potential sellers every single day. I look at real estate listings every single day. I have now seen most closed listings (80-90%) closing below list price for months now. I believe we're in the middle of a ...
Closing on my first SFH in Richmond Va in a few days. I'm using the site tenantturner.com to market for renters. So far I've got seven prospects in a week but none panned out or even wrote back to me after I sent th...
I came across a 4 unit property listed at 189,000. It’s under contract but I saw a 7 unit for 555,000. The cap rate is 8.17. What amount down would you say should be ok? I know it’s commercial and banks look at the Re...
It took me a while to pay off my first 2 rentals. I then bought a duplex about a month ago. I want to scale my business. I am real fortunate in my life right now bc I don’t have children and I’m not married so I can r...
Pretty much a quick punch out scenario, which may help give you an idea or two. Hope it helps! Dan :idea:
Your Own Homes Improvement Outline
(One for the Ladies)
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Hi Everyone! I've got a situation that I believe I'm in the Right, however just got off the phone with the tenant and his anger and frustration has got me thinking twice. This is the deal. I bought the property 2 year...
Thanks for you feedback BP!I am brand new to realty and just had an offer accepted on my first cash purchase ($25,000 I know its not much) of a single family house. This house is a reverse mortgage / HUD / Foreclosure...