A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
I've been an electrician in Washington (the real one..) for 10 years, residential, commercial, and industrial. I've learned a ton from BP so this is me trying to give back with knowledge of something I know very well....
Affirmative:"Home owners will panic sell increasing inventory causing a "crash" because they think the bubble is going to burst"This isn't my personal prediction. I'm not selling. I can't help but wonder if the mark...
I am looking to purchase my first property in Austin, TX. A 2BD, 2 BA and house hack the other room for extra income. Let's say if I refinance my house to purchase another home, how many mortgages am I allowed? Is it ...
Hi everyone!I'm Summer (Newbie for real estate) My stupidity was I 100% trusted the realtor when he said the house (duplex) is a good and I don't need an inspector and I did believed him. Then I sign everything and to...
I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
As you may have known, interest rate went up a lot recently and that forced the majority of retail buyers out of the game. Therefore, flipping takes longer to sell or may need to go down in prices if on market too lon...
Long story short - James Wise has an awful reputation here in the Cleveland area, but I have bought properties from him before I proceeded with another. Title came back with an encroachment. The roof is over the next ...