Mike Brown
How do you use the BRRR method to pay off a home?
For example, say you buy an $80k home with $20k down and spend $15k in renos. It goes up to $125k after a year of "seasoning", which is an increase of $45k. In newbie terms, what is the process of using that $45k incr...
Giles Smith
Should I refinance my personal home?
Hey guys, was hoping to get some opinions on refinancing my homestead. I am fairly new to real estate and want to make sure I am analyzing this correctly and not missing any major considerations. Please let me kn...
Adam Craig
Cash out refi on investment property.
Right now I own 12 single family homes in the Cleveland market all financed between 4-5% with most of them on a 30 year term and 2 of them on 20.... All of them cash flow between $200-$450/ month.With my current busin...
Dennis Cronk
Question about 1031 exchange
I have a former residence (condo) that I held as a rental when i moved out about 15 years ago. About 10 years ago i refinanced the property to take cash out. Now I would like to sell it and purchase something bigger...
Samuel Fletcher Hardy
How to know when enough is enough for rehabs!
Hey guys I have a triplex in the middle of port orchard wa that I am house hacking!Our goal is to create $60k in equity the property definitely needs the work it's been neglected for the past 8 years. I am a contracto...
AJ Wong
High proportion of vacation rental and MFR sales are 1031X Exchange Transactions
In reviewing our 2023 production at least 1/4 of all our STR (particularly luxury STR) and multi family sales were the result of 1031X transactions in which the seller sold a like kind property towards a high cash flo...
Tevis Verrett
We Are Heading for a Nasty Correction. . .
Hey Y'all,
. . putting my chicken little suit on.
Since knowledge is power, better to share this with my peeps:
http://www.moneynews.com/Outbrain/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=F...
Brooke Carlton
2.25% Interest Rate - Assumable Mortgage, down payment gap over $200k
I have a property listed for sale in Goodyear, AZ and it carries a 2.25% interest rate. The payment is about $1320 per month. The home was built in 2006, great neighborhood, close to the highways, close to everything ...
Ron Brady
Racial Bias by Neighborhood in Home Appraisals
Background & Context
Today's New York Times reports on a new publication, Appraised. The publication argues, based on recently released appraisal data-sets, that current day appraisal processes bake the results...
Austin Oliver
Is $150k yearly cash flow possible with $1.5m investment?
I am looking to retire in the next few years and my plan is to invest in rental property that generates a cash flow of $150k/year to live on. I currently have about $1,150,000 in savings and another $350k in equity on...