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Hello all! I am currently working on my first deal which will be a house hack and this is a basic question, but what exactly should I be using maintenance/repairs for? Should half of my budget (5% of the totals rents)...
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Aloha,First time poster. New to the community. A lil experience in buy and hold strategy. Deal:$85k investment for 50% ownership in a vacation rental property worth $750k with a loan balance of $700k. Prop rents out f...
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Buying a property that will eventually be owned by a LLC, as "child" of a series LLC. There are two owners, however, for the purchase of the property - one owner is paying all cash, the other owner will be financing t...
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Hi everybody,We have a few rental properties that we have hired property management companies to take care for us. They are not up to our expectation and we want to take our properties back to manage them ourselves. I...
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I have a friend whose grandmother purchased 11 homes last year for her kids/grandkid (my friend being the grandkid). Its a mix of SFH and MFH. The properties are causing turmoil because...well they can't get along to ...
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I have a half acre lot that's vacant in a new community that is growing really fast. I just finished paying it off but am having a hard time on what to do with it. It's worth about 65k. I live pretty far from this pro...
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Hey, with all this talk of rising rates and inflation, would one gather it would not be the best time to get into note investing since the money you’ll receive won’t be worth as much OR that since rates are rising, yo...
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I’m feeling a little down because a deal I was working on fell through. Someone came in with a much higher offer, which was surprising since the ARV was $251K, and the house needed significant rehab. Even though I’m s...
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I am a newbie at real estate investing.
The mentor I have explains that with every deal he gets 50%.
for example:
A lease/option home with $20k down
And a residual of $1000/month
He would get $10k of the down pa...
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Here is the situation. My 4 yr girlfriend and I are moving back to an area where I own a house outright. It is currently rented, and my intent if I kept it as a rental was to cash out the equity as it is worth about...