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I’ve been using the same insurance broker for around 4 years. He’s written dozens of policies, rentals and flips, vacant and occupied.I’ve recently gone and gotten a few quotes from another broker and they came in a f...
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One year ago I purchased my first rental, house hacking a 4000 square foot duplex. I am looking into getting my second one here soon and need advice. I believe I have two options.
Property Info:
Purchase Price: $365...
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What is the best way to manage positive cash flow? Do you put it all back into the mortgage or save for future deal?
Hey everyone, been looking into REI for quite a while and am getting more serious. Purchased PR in 2020 with interest rate of 2.75%, 15yr. Owe $160k w/ $90k equity. Gross Income: $10.5k monthly$18k in loansCurrent mor...
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Hi. One reason I am exploring investing in real estate rentals out of state (I’m in CA) is to offset realtor commissions. Please correct me if I am wrong, but it’s my understanding paper loses from a rental can reduc...
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i met with a realtor/investor the other day who has basically the same goal i have related to owning buy and hold SFR's to supplement retirement.his strategy basically involves using conventional (20% down) convention...
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A lot of people talk about how they got the downpayment for their first property, whether it was by saving their money, working with an HML, getting it from friends and family, but once you get your first rental prope...
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Hi Everyone, I was wondering if there were people out there who, as the title suggests, simply scale by using their savings--especially those of us with high incomes, and are able to save much more quickly than the av...
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Hi,I keep looking at current interest rates and property sales. It appears mostly property prices are on downturn all the zillow listings are showing price cuts left and right. I have one rental I can pay off possibly...
I am almost 29 years old and have $80,000 in cash and $50,000 in investments (between a $401K, Brokerage account, and a couple of IRAs.)I make just under $50K a year. My takehome pay after taxes, 401K contributions, m...