Shawn Si
Not the best credit but have decent income
Hi,I used to have really great credit (high 700s, maybe even 800 at one point) but it screwed up because my business lost a ton of money around covid. I have paid/settled everything and have few credit cards and my fi...
Account Closed
Average cap rate in Vegas right now?
Hey gang, Im looking to buy a 4-6 unit in Vegas right now for a buy-and-hold strategy. Not looking to do anything crazy, just buy a normal deal with no significant value add and in a decent area. What sort of cap rate...
Mike Levene
House Hacking In Expensive Markets
Hi all, I recently started an informal real estate group with some old college friends. They are all looking at strategies to use for their first deal and many of us are leaning towards a house hack to reduce the amou...
Jeff L.
Explain to me how "Trading Up" a house after a few years works?
I've heard of this strategy where, instead of holding and renting a property for the length of the 30 year mortgage, you only keep it for a few years and then "trade up" to 2 properties or a better property. And you b...
Chris Porter
Jacksonville Multi-Family
Hi all,I will be moving to Jacksonville in a month and I am looking to invest in a multi-family property (ideally a quad). I will be moving there because I am in the Navy and I will be there for about 4 years. I am in...
Eric Allen
Teaching my kid to invest
Hey guys I have been in the rat race for years. As a matter of fact under the rat race for years. I want to get my kids on a great track to financial success. They are entering their teenage years. If they both sta...
Kristopher Allen
Any multi-unit owners in the DMV Area?
Hi everybody! I was wondering if there's anyone in the DMV Area (Washington DC) that owns multi-unit properties as rental? Came across a deal that seems too good to be true so thought I can possibly chat and pick thei...
John McKee
How many beds should an average STR have?
Is there a sweet spot of bedrooms or baths that the average STR family needs. Also what size of beds? Is it worth it to get a queen vs. a double. What is the most marketable kind of layout when it comes to bed and ...
Jeremy Benezra
Stepped up basis issue
As you may have seen in another of my posts, my wife and I recently moved out of the city and bought a house in the ‘burbs! I already owned the house we used to live in prior to meeting my wife. I recently quitclaim...
Arthur Clark
Land contracts for investment properties?
Has anyone acquired a rental property through the use of a land contract?
If so please share your feedback on the experience.
Situation: Local motivated seller is in need of relief from his monthly obligation for ...