Brad Armel
1st rental property in very bad shape.
I recently inherited a house in Daytona beach that is 884sq ft, wooden frame, with a leaking roof, rotting wood frame and T1-11, the floors are sagging pretty dramatically as well. I initially thought I could reframe ...
Blair F.
Key & lock advice on systems
Hello,
I currently have one duplex that I manage. I have put in place a lot of systems to make managing this rental and future ones easy. However one of my biggest issues is keys.
I had SmartKey locks installed in ...
Victoria Riggs
How do I compete with other investors?
I got a call from the seller who wants to sell quickly for cash, but when I came to look at the property he told me he had 5 other peoplelooked at it and made him offers. Next week he will show the house again to 3 mo...
Mike B.
Quick Refi North Center Neighborhood Chicago?
Does anyone have a resource for an entity that can perform a quick short term refi? The property is a legal 2 unit in North Center (Chicago)...a half block from Coonley Elementary. It produces $3,900 mo. No current mo...
Moaaz Malik
First Time Buyer Living in an Expensive Market
Hi All,I got interested in real estate about 2-3 months ago and have been listening to the podcast nonstop and have read about 4-5 books already. I’m eager to get my first property but am having a little trouble findi...
Alleigh Follett
Tips on how to purchase a STR when you can't "afford" one
Hi,
We are wanting to get our first STR property, but according to our income alone, we wouldn't get approved for anything additional. We have over $100k equity in our home and great credit. We are considering a HELO...
Jeff Pollock
ROI on Master Suite or In-Law Unit in Vacation Destination?
Hey Everyone, I'm really stoked to be under contract on a 3BR 1.5BA single family home in Lake Tahoe, CA and I'm trying to figure out what makes the most sense long-term. What really sold me on the house is a complete...
Zinkeng Asonganyi
Multifamily Financing ( Six-Plex)
Hi, I am looking to get my first rental property, a sixplex. Any recommendations on how to go about financing this since it is not considered residential?
Thanks
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
Hey everyone,
I’ve been toying with the idea of jumping into the world of rental property investing, and I thought this would be the perfect place to ask for advice. I’m a first-timer, so bear with me if I sound a li...
Micki Sluyter
Refinance
We currently have two rental houses. I'm wondering about refinancing our primary house to free up a line of credit to purchase another property. What are the downsides to refinancing? We have two mortgages on two sepa...