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Looking for some advice on our first investment property. First, some background, We live in the North Texas area, and we found a multi-tenant property which hit listings a few days ago. This property definitely quali...
I'm currently deciding on if I should borrow from a 401k to pay down a Heloc or apply to mortgage. Currently, the Heloc has a loan amount of $45K @ 5.49%. Funds from the 401K can be borrowed @ 2.125% interest for a pe...
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So I pose this question mostly because it’s the foundation of my long term plans but also because it’s not something I see discussed often. So here it is, is it better to use a large down payment and a short term like...
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In this week’s post, I am turning it over to Brent Voepel.I got into a conversation recently with people in the industry about the price of property management. In this discussion, we all agreed that for one property ...
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Hey folks,Unfortunately I'm having to demo a detached 2-car garage at one of my properties as it's beyond repair and needs to come down before the winter. I have a contractor that I like a lot, have used a lot and tru...
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I was looking to invest in property in the Caribbean and discovered the Dominican Republic. The real estate market in the Dominican Republic is really affordable and so is the cost of living in the Dominican Republic...
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In my opinion, the market is 100% going to crash in 4-7 years. There are 2 baby boomers for every 1 millennial. Boomers hold 80% of the wealth. Therefore 2 homes will be passed down to 1 millennial, who have lots of s...
Has anyone had luck leaving lawn/ snow removal for the tenants? I'm assuming it would have a pretty hard impact on the price you can charge for rent as most people prefer not to be responsible. Those who do have you e...
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Just finished Brandon Turner's book, absolutely a great read for any beginner. The biggest thing that stuck out to me was analyzing a deal. I was quite surprised all the expenses that go into a rental property that ha...
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Investment Info:
Condo other investment in Mesa.
Purchase price: $183,000
Cash invested: $12,000
Sale price: $221,000
Short-term rental wholetail!
My original plan was to hold this forever. Loca...