I just entered into escrow on a SFH with a private money mtg/seller financing and it is another "petty house". I have bought "Luxury" 4 br homes by the beach, pool homes, and some lower middle stuff, but every...
Hi everyone, I am paying big taxes (my opinion) with my 1099 income. The CPA really has no good advice besides home office deductions and IRA contributions. There has to be a better way. To all of my smart friends,...
This is the story of my Charleston house.I bought the property sight unseen for $52,000. It was right on the water in downtown Charleston so it seemed like a stellar deal. How foolish I was.Actually those amazing wate...
My goal is to purchase a duplex (or possibly tri/fourplex) with an FHA loan as my first home and live in one of the units here in Fayetteville Arkansas. After that is said and done I want to plan how I purchase the ne...
Hello everyone, this is an amazing site, I learned a ton here and I hope you can help me with my dilemma today... My dad will be moving to SE Michigan (Metro Detroit). He wants to buy a duplex so he can live in one u...
I’ve been reading a ton of posts recently where people have recently quit college or a job, or are thinking about doing so. While I commend people on having the commitment and passion to peruse a different path, but t...
You have two homes that are rented at 1,000 and 1,050 a month with 2 year leases.
No mortgages on either home.
Both houses were purchased and renovated
One Is worth 135k wIth about 30k equity.
One Is worth 130k wIth a...
I know how horrible it could be dealing with deadbeat tennants, crime, vandalism, evictions, collecting rent, etc.BUT, when $30K buys the whole house, it seems like there could still be opportunites to cashflow, and y...
I currently have 4 long term single family/townhome rental properties, a primary residence and one townhome my brother and I went in on for our mother that doesn't generate any cash flow. All properties currently also...