Steve Manoa
Sell or rent out primary residence?
Hi, we own a condo in an upper middle class suburb of NYC and we are trying to decide if we should sell it or rent it out. We're around 40 y/o with 2 young kids and have lived here for the past 5 years. The building a...
Peter Pezzano
Should I focus on 1 Area or multiple?
I'm first starting out and would like to know if it is better to focus on one specific town or multiple. Right now, I'm very interested in 2 towns that are literally next to each other. However, I am also interested ...
Aariff Kadar
Suggestion needed on buying a property
I own a home (primary residence) in Corona, California and i am planning to buy another house in another expensive area (Irvine, CA) which is close to work place because i am spending 2 hours in traffic everyday.
My ...
Sam Morgan
Should I refinance FHA to terminate PMI
Hi All!I purchased a duplex for $340k w/ 5% down on a 30 yr-FHA @ 2.75% w/ $21k all in. I currently cash flow $265/mo (10.6% coc). PMI is $213/mo. This is a house hack, so next yr cash flow $640/mo for a 25% return. T...
Allan Pilapil
Investing in Tulum or Cancun area
Hey everyone,Currently in tulum and couldn’t help but notice how it’s still packed despite a pandemic. I’ve also noticed a few condos for sale.Would you or have you invested in an area like this? For Airbnb or housing...
Nate Pucel
Buy, rehab, rent accounting questions
So I'm wondering if I maybe messed up when it comes to accounting and taxes while rehabbing a house to rent. The rehab has taken forever- 3 years. But, it's finally done. However, I'm worried that I didn't think a...
Tim Watson
Housing values a 1%
I am just starting and managed to buy a cash flow rental just before the interest rates went up. I want to buy and hold and try to build a cash flow portfolio, but the doubling of property values almost everywhere ha...
Jimmy S.
insulate old house or not?
House is over 100 years old. Heating bills in winter are around 650 month with electric heat left at 65 degrees and only 1300 square feet. rent is 1100 month. Would you insulate the house or not? Attic not insulated ...
Stephanie Myers
Newbie, haven’t even started yet
Hi, I haven’t started yet, but I have been looking, reading, and dreaming about it for quite some time. I’d like to start in short term rentals on the gulf coast. I’d like to use a handful of properties to cushion my ...
Jeffrey Giffin
Cash flow analysis
I was hoping to pick everybody's brains on how they complete their cash flow analysis. I'm trying to figure out all of the expenses but I want to make sure I'm not forgetting anything. Thanks for the feedback!