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I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
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I commented before on my situation, but just a quick recap so you know where I am coming from. I am self employed via eCommerce and my business bring me about 15K/ month profit and rising - leading me to want to inves...
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We've been running a number of STR units for about 18 months now. I'm an airbnb super host but I've seen my bookings drop way off mid-october. Are other ST operators experiencing this? Is it seasonal or the market ch...
Would it make sense to buy a home, rent for 1-2 years (negative cash flow), with the intention of making it our primary residence thereafter? Please advice. Is there anything I need to think about here?We found a home...
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Let's not be coy, we overpaid for this lot, but we knew it going in this time...which is a refreshing change for us. We bought this lot as a marginal deal thinking that if all went well we'd be lucky to make $30k and,...
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I am purchasing a 4 unit apartment building in my hometown in Wyoming. I am using Guild Mortgage, from which I heard of on one of the podcasts, and we have a branch in my town. I was going to purchase this property wi...
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We understand every realtor can write up their commission structure (to a certain legal degree), but we want to know what the standard commission structure usually is in Raleigh, NC. What would be the "off the shelf a...
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I'm trying come up with the best strategy for finding landlords who would be interested in allowing me to rent their property to AirBnB tenants. The owner would benefit from the relationship because I would ensure the...
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My husband and I have been looking for our first rental - with an 150,000 upper limit. We wanted to start small, no major risk. We'll put abut 50% down. We're looking mainly at condos and townhouses as we are afraid t...
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I am looking for advice on house hacking in NYC. My business partner and myself are young professionals in NYC looking for an alternative to the pricey rental market. We'd like to purchase real estate somewhere close ...