My condo is in Minneapolis. The value is approximately 190,000. I owe 64,000 on it and purchased it at 145,000 4 years ago. My monthly payment is $1,200 (including HOA-275 and taxes) and I could likely rent it for $1,...
So the title of this thread is based on the fact that I'm a new investor and it's quite probable that these arent't new strategies. My fiancé and I met with a hard money lender this afternoon and two things came out o...
Hi All, I truly hate to be that guy looking for answers and not offering up much in return but this is a situation where I have to move quick and feel a bit ill prepared as this would be my first deal, so I could use...
Hello everyone!My husband is a non-believer in the BRRRR method and in leveraging in general. He says that this won't work in the areas we invest in which are the 32218 and 32226 zip codes in Jacksonville, FL.So I'm ...
I've never purchased a property with the intention of flipping. Always with the plan of buy and hold. I know many flippers look for property that they can buy at 70% of ARV minus the cost of repairs. I assume this equ...
Hi everyone,
I’m looking to buy an apartment/condominium in the DFW area. I’m not from the US and currently live in Europe most of the time.
I’ve found some apartments that could work well for my needs—I plan to r...
Hi - I am curious what the forums will make of my first deal and whether it is relatively good or relatively marginal. I am in the Palm Bay, FL area and bought an SFR 3/2 for 220k. 30% down, 6.375% rate, and after a...
What are some questions that you can ask to each of the required team members(PM, Agent, etc. ) to ensure that goals align and they are best fit.
I've been weighing the pros and cons of rehabbing vs wholesaling for the past few months but would like to get some opinions from other people about what they have experienced. I'm a newbie to RE and would really lik...
Hey Everyone,
I'm just getting started here and currently don't own any properties. I'm definitely a "n00b". I have a full-time job and my short-term goal is to get my feet wet and have a property that generates cash...