Jason Stratman
First Investment Property under contract!
Hi all - I just got my first buy & hold rental property under contract yesterday. Since it is my first deal I wanted to run my numbers by the community to make sure I'm did my due diligence properly. Probably sh...
Sonya Antrobus
14k vs 35k what would you do?
We are currently flipping 2 houses. After only 3 days of tearing out carpet and junk we were approached by a neighbor of one of these homes with a request to purchase the property as-is. We estimate a profit of arou...
Carolyn Keller
Advice to leverage and buy another
Hello! Have a single family home, currently rented. Tossed my property management co, managing everything myself. Now beginning to look ahead to next year and begin the process, of buying another to rent. Current rent...
Chris Robner
Moving on up to the east side. Sell or rent current home?
I currently own my current home in Anaheim Hills, CA free and clear which current market value is appx $575K. I paid 390K 6-years ago.I am looking to purchase a larger home for my growing family and looking in the sam...
Kyle Nelson
Deal in REOTown Lansing
I have a quadplex available in Lansing Michigan that the seller is offering to me for $100KI would probably offer less ~80K3 of the 4 units are currently rented for $600 each w/ utilities included each with 1 person.I...
Jonathan Beemer
Where do I start? No credit. Very little cash.
Hello,
I've been doing cash for everything my whole life. So I'm beginning to build credit now. But my first investment by myself will be in 10 months when I'm back in the US from overseas.
Where should I begin? I ...
William S.
Post Your CapEx Numbers
Hi All,There has been a lot of discussion on the forums about estimating CapEx. I thought it'd be good for newbies, such as myself, to hear what the seasoned pros are budgeting for CapEx. I'll go first.SFH: $975/m ren...
Jared W Smith
Property Analysis - Rules of Thumb
Hello all, I am constantly running analysis on prospective properties so I familiarize myself with the correct metrics, terminologies and what a deal actually looks like. I know there are several rules of thumb that I...
Michael G.
What is a good deal in the Boise area?
Hello,We bought our first rental in Meridian two month ago and I ran the numbers on the BP calculator. The House was built in 2007, 4bd, 2.5 bath, 3 car garage, close to Chinden/Ten Mile. We signed the first tenant wi...
Horacio Gutierrez
using rental income for home loan
How long do you have to be landlord to use you rental income on home loan?