Edit: Unsure if this is best suited in Starting Out, or Investor Psychology...My wife and I are pretty new to this whole thing, and we have a lot to learn. We currently have 1 unit and it's working well for now. As we...
Hi, I'd greatly appreciate any input on this deal. I'm fairly familiar with the terms I'd seek for a local (NYC suburb) single-family flip, but this 4-family has possibilities to flip or rent. The CAP and ROI seem...
I have come across what I believe is a fairly good deal (should I obtain the property for the right price of course). I plan to purchase the property with my brother so he will run property management. Here are the ...
Hello everyone, name is Michael I recently purchased my first home in July of 2020 in California. I got it for a really good price and my equity is up to about 100k already (paid 265k appraised for 365k). Houses in my...
Currently we own a home that we were intending on renting out since we refinanced and secured a great mortgage payment which would cash flow $3-400 per month . When looking into buying another the banks ask, well is t...
Hello all, I have been lurking around here for several months and have made a post or two, but figured it was time to introduce myself. I have been learning a lot from the forum, blog, and the amazing new podcast.
I ...
Hello Team!Like many of you, I work a full time gig for another firm. I usually put in 55-60 hours for my day job. Needless to say, I need to be smart with my time, and not get distracted with interruptions or shiny o...
This post is for my mom and dad who bought a couple duplexes back in 1999. The first one was bought for $70,000 and the next was purchased for $80,000. They are right next to each other in a great neighborhood. All...
I began investing a year ago and BRRRR'd two single family homes and have a duplex currently under contract. On this deal my plan is to get a conventional loan and use my HELOC for a downpayment since BRRRR will not ...
I was given a piece of advice that really makes sense to me but I thought I would get some other opinions on the idea.The advice is that if you are going to buy any form of real estate to rent out you should, at the b...