Jung Kim
If 20% down for an Investment Property, is REI really worth it?
Hi been studying RE as an investment option and trying to figure out the numbers. Could someone check with my numbers to see whether I'm thinking about REI correctly? I can't seem a large benefit of REI in a case wher...
Nick Gray
Replace Steam Heat with Electric Heat?
I am approaching the end of a 12-unit renovation in Derry, New Hampshire and I am experiencing some major trouble with the steam heat system. I am interested to hear some advice on how other landlords would proceed in...
Francois D.
Liability lawsuit testimony
'You need to set up entities to protect you from lawsuit liability' is the general advice.
In my area, liability insurance cost $22 per year for 300k
Somebody needs to explain me, what can happen, whic...
Kyle Brown
Multi-Family Property Analysis
What are the crucial factors to look for when analyzing a multifamily? How important is the time it will take to pay off the property? I recently started including the cap rate in my analyses to determine if the prop...
Ari Yenjai
Need advice pls! Fix and Flip or Subject-to? Buy from motivated seller
Hi there,
I want to get start on my fist deal and I just got this lead from my friend. He is moving to oversea and want to sell his house fast. This house hasn't been on the market yet. He has just told me ye...
Ryan O.
Hot Spot Vacation Rentals
Hey all,
I'm interested in purchasing a vacation rental that I can rent out the majority of the year but use a few weeks for my own enjoyment a few weeks a year. Anyone have any suggestions for areas that have prove...
Christopher B.
Cash-Out Refi, HELOC, or Wait?
I am currently looking to access the equity ($50k) in my duplex. I have talked with a few banks and my options are:
1. Refinance at 4%, 20yrs fixed with a HELOC up to 80% LTV with a 4.5% rate
2. Cash-out refinance 4...
N/A N/A
Tenant does not pay rent
My tenant says she has mice and she uses it as a reason for not paying rent. She did not give it to me in a written statement. Do I have any reason to sue her?
Michael Egan
Finding off market properties?
I keep hearing all about how the best deals are off market. But, obviously, they are hard to find by virtue of being off market. How do you all find good off market deals? Is there a way to efficiently learn about the...
Ana Garcia
Need advice on purchase of a multifamily
Hi Everyone!We are analyzing a multi of 13 units which needs a LOT of repairs. Pretty much everything on the inside (walls, floors, ceilings, appliances, etc.) needs to be renovated. And, of course, the tenants, need ...