Quick question about what you would do in this scenario. Motivated seller calls and says they want 55k For the house.. This number works for you and leaves enough for a 15% profit. Would you give them what there aski...
Hi, I have a few questions related to using funds from my self directed 401k.I purchased a flip through a hard money lender and my note has come due. I'm going to lose regardless on this flip because of the interest a...
Hi All!I probably have the most newbie question ever, but can anyone explain to me why there's a "2% rule" and why getting a loan and then having a tenant pay it off isn't the easiest way to gain an asset? What am I ...
Investment Info:
Condo buy & hold investment.
Purchase price: $242,500
Cash invested: $12,000
New 2022 build condo, 2 bed 1.5 bath 855sq ft. $20 monthly HOA, my interest rate is 5.9% which isn't ...
Hi
I am new to this site and intend to finally get into real estate investing. I’d like to start with a small Single family or duplex to get the first deal going, learn something and build from there.
I understand ...
Hi there,I am new here and a newbie investor. I have one primary and one investment property. My investment property is for short-term rentals; not my first rodeo at hosting, but my first time losing money. I am curre...
I read previous posts about Q/K, helpful but they seem to have ended in a bit of a coin-toss.I plan to go live with a small 1bd/1ba ski/golf area condo (think humblest little place in the whole area, but clean and con...
Hi all - I'd love to get some real world data on turnkey performance. Chris has a great post discussing TK: https://www.biggerpockets.com/renewsblog/mastering...My concern as a new investor is the long term performanc...
Hey everyone,
First time house hacker here.I closed on a duplex in Philly end of September and once it got cold I realized the living room and medium sized bedroom in one of the units were not warming up as much as o...
Hello everyone, I am new to the site/forum/investing. I have done some research over the past month and found that flipping is going to be where I begin. I have looked at properties with a real estate agent off the ML...