My wife and I are cross-shopping rentals and buying. Leaning more towards renting though. My question is this... We are very meticulous people. We have the nicest looking home on our street, greenest grass, tidiest ...
Calling out to all investors...How many of you thought you had at least a base hit on your first property and then, in the end it turned out to bite you (financially speaking). I am in the process of buying a foreclo...
I apologize for the length of this post up front. There is a lot of info to unpack, and I am really looking for some help from folks with experience in a property of this size. This is a property that I have been int...
I am 100% uneducated on this subject, but I find it interesting. In my mind I see a country with a vast amount of land, but a relatively small population. Are there rules or factors involved that make building extreme...
For those of you that think we are back in a bubble: Have you sold any of your places into the 'increase'? If so, where did you 'park' your cash?My issue is that between my wife & I we have sold 3 houses this ye...
Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
Does anyone who had claimed status as a Real Estate Professional with the IRS also have a full time job? I own 4 rental properties and I also work from home a medical supplies sales rep. I buy and manage the propertie...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...