This is my first investment property-- Under contract on a duplex in Lafayette, IN. I ran the numbers assuming a 30 year note w/ 25% down at 5%. (I was recently under contract in Kansas City with similar terms--so,...
I have been educating myself for the past month (watching webinars, listening to the podcasts, reading articles, attempting to analyze "deals," and research viable markets-I think I've got that part down) and although...
Hello Everyone!
I'm in need of help. I work at a local financial institution and was informed I would need to type up a letter stating what my business will be about and how it works and have it submitted to ...
I’ve been researching alternative financing options for my second property. I have seen that New American Funding, Newfi, and Griffin Funding have a 40 year mortgage with the first 10 years being interest only while t...
There are people purporting to be experienced "syndicators" who have marketed themselves very well, but they lack operational experience. Many "syndicators" have been unable or unwilling to find their own deals and so...
I attended a local REI meetup last night and the guest speaker was an auctioneer with 37 years of experience in RE investing. He was selling a strategy of buying properties on cheap because they were good for nothing ...
I can buy direct from an owner a 3 family at 155K. Here are the rents, $800, $750, $550. All rents without utilities. Taxes $350 per month. Estimate on insurance $150 per month. Not sure about maintenance, snow, lawn...
I've sold quite a bit of real estate and never done a 1031 tax deferred exchange. Not because I didn't know about it but because the timing just never seemed right. For instance if I am selling into a rising market th...
I’ve been looking for the last few months for a solid house hack in the Columbus market fitting these stipulations;-rental income covers PITI-neighborhood is safe enough for my girlfriend to walk the dog at night -acc...
Lived in Vancouver for over 8 years and we are now in Bay Area, CA. While we were there, we bought a townhouse 3/3 two story in North Burnaby, and hired a property management company when we move down here. One turn...