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I own a two family in The Hudson Valley. Purchased for 240k with 60k renovations around 7 years ago. One of my tenants wants to buy for 700k. I don’t have mortgage on it. it pulls in $4250 a month rent from both units...
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I have deal I am putting an offer in on tomorrow and wanted some thoughts from the group. Its a $599 p.p. with a current rent roll of $5300 monthly. I can get rents to $5700-$5800 I believe. I spoke with my realtor. M...
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I desperately need to purchase a rental property to reduce my taxes. Finally to the point where the cash flow is good but taxes take a huge chunk. Not sure where I start because I want to retire within the next year o...
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Hi all, I had a question regarding partnerships and equity % in said partnerships. In this example Person A would simply be the money guy and a silent investor. Person B would be in charge of finding properties that m...
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I would like to buy some property and have a spec home built for resale. Then rinse and repeat the process. My brother and his wife each have 401k's from a previous employer that they aren't actively managing and are ...
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I have a rental property on a 15 yr mortgage with only 5 yrs left. Should I refi and take money out to buy another property or pay off the mortgage as soon as possible. Rate is 5.25%, mortgage is $1800 pm, it rents fo...
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Hello All,When analyzing a rental property, I often find myself playing around with the purchase price to see what price the house will produce a decent cash flow. If I manipulate the purchase price do I also have to...
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Hi, Investors!
I have been thinking about this for a while now and since being more active on here, I have noticed that something that comes up a lot is that people aren't aware of the information that is needed in o...
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Hello all, I am Eric Tao, active military currently stationed at Fort Hood. I am looking to start investing in the Killeen/Cove/Harker Heights area and am looking for duplex properties at the moment. Any advice for du...
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Hi Everyone,My name is Karla and I am from Bethlehem, PA. Right now I am a stay at home mom with 3 school aged children. My husband has always wanted to start his own real estate investment company and so we thought w...