Michael Clay
Should you paydown an investment property borrowing from a 401K?
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...
Eric Andersen
Insurance for two houses on a single lot - both rented
Hi there, I purchased this investment property a year and half ago and had it as my primary residence for a while. I had one insurance policy for both the front house and back house. The back house was listed as a sep...
Wells Mangrum
Quickbooks
I invest in commercial real estate and want to use Quickbooks to track my income, expenses, assets and liabilities. I am looking for resources for commercial real estate investors to enhance their use of Quickbooks. ...
Matt S.
Short Sale Questions
First post, sorry if I seem like a newb. I am in the middle of trying to sell my house. If I cannot sell it I am thinking about trying to do a short sale on it. If I have a decent amount of money saved, will the ba...
Jak Dadi
Continued lessons in RE investing
Our 5th offer was recently accepted...well..we made close to 8 offers in the last month and this was the only one that was accepted....all the offers were above asking price, but I guess the market was heating up in E...
Michael Dunn
Realistic " Likely " Monthly Note ??
I am trying to figure out what a Likely and reasonable Monthly ( PITI ) note I will Qualify for Situation:I am considering paying down 2 CreditCards down to minimum Payments of $25 each , thus Allowing me Another $8,0...
Alex D'Anjou
Calculating BRRR COC ROI and analysizing my first investment
Hi all,
My wife and I bought a condo in metrowest Boston in 2020 just as covid was starting and I'm now trying to check up on my actual investment return and need some help calculating my return and potential suggest...
Melba Chambers
2nd Property...BRRRR or NOT???
I am currently under contract on a duplex that will bring great cash flow, once it's updated. I am still not comfortable when it comes to the BRRRR strategy. I am thinking after I close using a conventional loan, I wi...
Erica Quarles
Buying a Rental Property that has existing tenants
I am thinking about buying a rental property that is setup as two units. There are already tenants in both units and the listing says that they want to stay. How do I handle the transtion? Do I make them sign a new le...
Luke McDaniel
How to see the property you are wanting to wholesale
Hey all,
I just sent out my first batch of direct mailers to absentee owners with tenants in place and have started getting call backs from landlords who are interested in offloading 1 or more properties. The issue ...