I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Appreciate the help and advice as this topic moves along. A little long however figure the more info you know the better tailored your advice can be.What I've got so far. I met with a local gentleman who started inv...
Long post, but I really wish someone had told me this when I was struggling to buy single family homes.Hey y'all, wanted to share what I’ve learned in the past year. I took a promotion with my medical sales job, and ...
So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
I'm living in NYC but I'm highly interested in investing in rental properties that would provide the best cash-flow out of market. I've been reading a lot about Raleigh, Columbus, and Milwaukee. I'm wondering if I'm b...
I'll start from the beginning, because there are lots of little details I need to explain in order for you guys to fully understand the situation. (All names are substituted by fake ones for privacy reasons.)In April ...
My girlfriend and I have been saving money for a down payment on our first rental property and had initially been looking at single family properties and multifamily properties in upstate New York. In May 2017 I came ...
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...