Marcin Ferenc
Contractor/Subs raising prices
What do you guys do when your contractors or subs up their prices per hour or per job for an exactly same type of work. Do you question them and try to get them back down, bite the bullet and pay if they do a good job...
Account Closed
Help my property taxes went up 52%
I bought a single family home last year in San Antonio Texas for approximately 105k the only thing I did to it was paint it inside and out plus clean the carpets. The tax appraisal for 2015 was $142,430. Now I get a l...
Jackeline Sanchez
Should I refinance my primary home to invest in another property
I want to refinance my primary home to pull the equity and take out cash to buy an investment property. However, if I do that, I will increase my interest rate. Consequently, my monthly mortgage will increase as well....
Michelle Terelak
Property value vs COC
Hi,
I am evaluating two different markets. One has a 10% COC with $162 per door but only a 3.4% increase estimated for property Value. The other property has a 3.6% COC with $90 per door with a 7% increase estimate...
Jack B.
Anyone reduce their risk rather than buying more?
Buying more real estate may increase your wealth faster, but at additional risk. Once you have money, even if just over a million, could it be better to reduce your risk rather than adding more risk by going into more...
Nicholas Daniels
4-plex househack (I’m New)
I had a couple questions about Househacking with an FHA loan. 1.Would a fourplex be an good FHA househack? 2. If I put 3.5% down on a house that costs $300,000 (meaning I put ~$10,500 down) wouldn’t I be benefiting fr...
Braden Hobbs
How to calculate ROI on rental updates
Hey all, I want to get some opinions on how you all decide if updating rental property is worth the investment. I have a four-plex that could use kitchen updates to make the place more appealing to renters. I’m trying...
Damien Anderson
In Cincinnati too hot right now?
Hi Im and out of state investor. I was in Cincinnati in the last few weeks and I have been trying hard to make an offer on a property. I just feels to me like the market is still high and sellers are still asking for...
Darien Miller-Gowan
HELOC Question -- Primary Residence vs Non-Primary
Hi All, I currently own a single family home and am going to be adding an extra bedroom & TV room in the near future to this property to increase equity. After the rehab, I will want to get a HELOC or line of cred...
Mark Brazier
Re-appraisal downsides??
I'm looking to get my home re-appraised for leveraging purposes. I am not positive what it is assessed or appraised at currently but I paid 200k for it and I'm estimating a current appraisal of 230-250k. I am wonderin...