Seth B.
Is my cash flow really $135.75/month?
I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
Kyle Mitchell
Seller will not provide bank statements in due diligence
Hi everyone,Has anyone come across the seller not providing bank statements during due diligence? Is this a red flag or something that is common? Just looking to see how hard I should be pushing on this issue.Thanks...
Tim Park
Newbie investor, first investment (LOTS of questions)
Hi everyone, I'm new here! Quick intro: I'm 26M, and have been trading in the stock market for a while now and am looking to (1) generate nontrivial monthly cash flow and (2) diversify some of my money out of the stoc...
Christopher Beasley
Help starting investments using VA loan
So I have access to a VA loan. I am preapproved for up to $350k. My plan was to purchase a single family home or duplex, live in it for a year and while living in it paying 20% equity, after a year refi to a conventio...
Chris Frydenlund
How important are the 50% and 1% rules when buying SFR
After some studying on Austin area and biggerpocket's teaching on real estate investment I'm trying to screen some homes in Hutto,TX and Round Rock, TX.
The idea of a duplex seems to be the best solution for ...
Yossi Barazani
Got a letter saying that the house I just purchased at a trustee auction is cancelled.
I purchased a house in a Trustee sale auction a week ago. Three days later
I received a letter with the funds returned and no other explanation.
I called the trustee office and my understanding is that they decided t...
Rich Weese
RE goals- early retirement. Part 1
I've received some PMs and e-mails asking about setting goals and what do I do in retirement. I've ressurrected an old blog from nearly a year ago that was done in 2 parts. We have SO many new members, I decided to p...
Brian Gibbons
Dodd Frank News Oct 22, 2014 - CFPB Finalizes Qualified Mortgage Points & Fees Cure
On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...
Azita S.
Long Post -Lessons I've Learned Owning Calss D Duplexes
I will share my experience with you owning 5 class D duplexes in the Midwest! This is my experience and this experience has taught me a lot. I hope you find this post helpful. If you live on the West coast like me w...
Tanner Foy
Feeling like I had a failure day looking for my team, any advice?
Me and my partner felt as if we did not have a successful day looking for our team. Spent about a total of 8-9 hours making calls today. Between lenders, brokerages, contractors, property managers we just did not feel...