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We own seven multifamilies, with about 18 units, in a town where the cost of rebuilding is double what the properties are currently worth (even though they're all mostly renovated, in good shape, and bringing in an ex...
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We have a tenant that pays by money order every month, but when she mailed this month's rent it never arrived. She sends it with a tracking number since it's a money order, and we can see that it actually IS lost in t...
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Cash-out refinance on my investment property out of state...Bank 1 - $150,000 30 Year 4.85% (4.97% APR) $4,000 Closing Costs $46,000 Cash in my pocket after refinance"Big Bank"- Horrible communication- Closing set for...
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I've been tracking every dollar in and out of my REI activities for the past few years and decided to back-test the numbers to answer the question: What if I would have put all those investment dollars into a super pa...
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Hi BP - I am in the process of closing on my first duplex and I want to use the BRRRR strategy on this property. The part of the BRRRR strategy that I do not fully grasp is how much can one truly cash out after refina...
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I've noticed reading through a lot of posts that when people are calculating their equity in a deal after a certain number of years they are not breaking out the expense portion of their monthly payments. They often t...
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for some reason I can't go back and edit the post title... Hi all,
I just met with a real estate broker and they let me know that in Washington the buyer is technically responsible for paying the buyers broker commis...
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I am seeing many post they are waiting on an accepted offer prior to actually seeing the property first hand. How can this be beneficial other than beating another investor to the punch if you will? I have looked at 2...
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Hi all,
I just met with a real estate broker and they let me know that in Washington the buyer is technically responsible for paying the buyers broker commission upon closing. He told me that he always gets the sel...
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I just wanted to throw this question out there for those who are bold enough to answer., it just occurred to me that over all the years of attending investor boot camps, rei meetings, listening to local gurus,trainers...