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...
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...
Hey folks,
As indicated in the short description, I'm looking for feedback on my assumptions estimating the rental potential of an apartment building in the Detroit Metro area. All constructive comments welcome and t...