Can anybody give some good real-life examples of people (or yourselves) that have overleveraged themselves in buy-hold real estate? What did it look like? What happened? What were the consequences?
Thanks!
Do you pro-actively save for major projects (new roof, new HVAC, new water heater, etc)? Or, do you sort of wing it and hope for the best, knowing that you'll probably have enough cash on hand to cover something li...
I'm trying to narrow down to 1-2 focus markets for buy-and-hold SFR/small multi-family investments. I've come down to the following options and am curious about any feedback:1. Huntsville, AL 2. Memphis, TN (high crim...
Hi there! I have an auto loan of 3% and a remaining balance of $10k. I have around $11k in my savings account and I was thinking of using that to pay off my loan soon.Other than my car and mortgage, I am completely de...
Hi All
I need some suggestions pls. I have one investment property so far. I really want to buy a multi family in cleveland, OH area which would be out of state for me. I have enough money saved for at least 6 months...
Hi, I've been lurking around this forum for over a year now. I appreciate the wealth of knowledge on this website and the helpfulness of the many user who are active here. I've been busy investing on my real estate ed...
What are the options to help mitigate maintenance costs. These vintage Detroit homes are lovely but they sure are higher maintenance due to their age. Service warranties? A recommend contractor? Any experienced advice...
Hi--I'm new to this forum and new to real estate investment in general. I'll be a first time home buyer and would love to get my housing situation figured out while also leveraging my first-timer status to get my real...
Hi all!Looking to get into my first deal.Never invested before in any property and STRs seem to be much more appealing than traditional rentals.I'm looking into STRs in La Quinta/Indio area.A couple questions for anyo...
Hey everyone - posting in the LA County forum since it seems to encompass both LBC and Pasadena/Altadena (Eastside LA.) Hoping to get some insight:This will be our first purchase, we're set on house hacking via duplex...