Brad Reiner
Realistic Expectations for FHA Low Down Payment Duplex
Hello, Soon I plan on purchasing a duplex in Lakewood, OH. I plan on living on one of the units and renting out the other unit initially, and eventually moving out and keeping it as a full rental. I'm looking at a hom...
Dorian Weber
HELOC came back less than expected - now what?
Numbers
House appraised for $350k
Owe $150k
HELOC based off of credit (740), appraisal of house (350K), No credit card debt only a car payment ($350 a month) and house payment ($1600 a month)
$33k
I changed indus...
Jason Malabute
expect for the worst play for the best
A seller was supposed to send me the T12 and 12 months rent roll, but didn't.I called, emailed, and sent selfie videos, but didn't respond.Another seller gave me the quickest "NO!" of my life after I offered $700k les...
Sheldon Peart
Buying in an Expensive Market & Expected Returns
Hello Everyone,
Hoping to get some feedback from people who either currently live in an expensive market or have in the past. We currently have been living in a cheap market for the past 6 years and have acquired 12...
Saranya Sundararajan
First time investor - need advice on price expectations
Our first real estate investment and we want to get into STRs. Looking in the $500K-$750K price range. Have enough cash reserves. I want to start closer to the lower end of my budget ideally but I feel like the 1beds ...
Nancy P.
At what point is an ice maker expected?
This is silly, but my husband and I cannot agree. We rent condos in Naperville, an affluent suburb of Chicago that has been voted one of the best places to live in America a couple of times. Very good schools. I ...
Dean Ng
Expected losses on 1st position fractional trust deeds
I come from the world of stock and bond investing, and am looking to diversify with fractional trust deeds purchased from a HML. I'm considering 1st position TDs with <70% LTV. The RE used as collateral are eithe...
Dj Hume
I spent $13,788 and expecting a 39% ROI
I spent $13,788 renovating this 1-bedroom apartmentHere's the breakdown 👇 - Kitchen faucet: $99- Thermostat: $60- Bathroom hardware: $34- Toilet: $94- SS stove: $500- SS microwave: $200- SS fridge: $781- SS dishwasher...
Jacqui Dolan
Contractor payments - do they expect some upfront payment?
I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...
Travis Beatty
Expected Value question from RE by the Numbers
Apologies for my chicken scratch. I’m working through Real Estate by the Numbers, and I’m stumped by this question. My answer is $2,500 but the book says $500. Can anyone tell me where I might have gone wrong? TIA