Cody Murray
Increasing Rent in Phoenix
I currently have two Single family detached. The Current Market rate is $2,200/month for both homes.Property A: Tenant has been there for two years. We rented home at top of market for $1700/month. (We didn't increase...
Justine Ade
8 Unit Deal Analysis - Would you buy this?
Hey everyone! I was wondering if I could get some opinions with seasoned investors on this deal. The numbers look great if I have everything in correctly (my only questions are property insurance, rehab costs but ever...
Account Closed
Do you know where you are personally?
How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.
A personal balance sheet is slightly different than a business balance sheet.
Major Elemen...
Cameron Schmahl
Buying duplex, inheriting tenants and how to increase rents?
Hello all,I am currently under contract for my 2nd investment property and closing at the end of the month. My question is the tenants are long term (19 years & 9 years) They take nice care of the property and the...
Rich Weese
OK-mathematicians, where are you??
A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
Elke Cardella
Should I sell my negative cash flow investment property?
I currently own a house that has a negative cash flow of $3400 per year. I am trying to decide if it makes sense to keep the house or to sell it. I've done some analysis of the benefits of holding it despite the cash ...
Michael Shvarts
Massive Ohio Property Tax Hike
We bought our first property near Cincinnati, OH a little over a year ago, a duplex for 140k. I did what I felt was thorough due diligence on it, and observed that despite selling for 100k in 2000, 115k in 2005 and 12...
Bryan Noth
July 2022 Housing Market Update for Austin, TX MSA
July 2022 Housing Market Update for Austin, TX MSA
July 2022 statistics have been released for the Central Texas Housing market. There was a slight decrease in median sales price from the preceding month and a 8% i...
Greg W.
Balloon payment due on building
Hi,A few years ago I purchased a 7 unit building with seller carrying the mortgage with 2% interest for 3 years that ends with a balloon The price was $310,000 and I put down $30,000. I made a mistake of not getting a...
Austin Tam
When to sell vs. when to cash out refi
I own a property in Elk Grove (a suburb in Sacramento) that I'm looking at options to free up capital. We purchased the property in 2011 for 140k all cash. We've had the same tenants in place since we purchased the ...