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A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...
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I was reading chapter 7 of Kiyosaki's "Rich Dad Poor Dad" and he was discussing about the lack of balance in new investor's lives. I'm definitely living the lack of balance. I feel like I'm constantly running from o...
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How much would I have to pay a month to kill a mortgage of 279K in 10 years and in 15 years? I don’t know how to calculate this. Thanks in advance for your help! Sincerely, Brian
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did any of you see the new tax increase ? last year the city increased the taxes on 3 units or more in a certain area ( downtown ) now it is expanding, this year to money grab from the rest of the city ! it is basical...
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Hi everyone! I have a random question that I can’t find an answer to anywhere in the forums. I’m looking at a great triplex, (historic building, near downtown) but none of the units have laundry in the unit. The tripl...
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Hello Everyone,
How do you figure out a budget for fixing up a house in-between tenants?
Long term tenants are moving out end of the month, July 2020.
Single-family home (3 bedroom/1 bath) with a detach in-law (1 ...
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About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
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My offer was accepted on a beautiful quad last week. I’ve been house hacking 4 years which has allowed me to save 25% for the down payment. Cash flow on the quad is 800 a month if my numbers are correct. This property...
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I just closed on my first rent house. The tenants that are in place have been there 2 years. They appear to be great tenants. They have kept the house in spotless condition for the last 2 years and always pay on...
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Hey guys,
I'm looking to remodel these two bathrooms and I'm interested to get feedback of what you would do with it. It's in an A Class area and I'm going for a more modern look. It's a 3 bed 2 bath house with 10/10...