Taha Tekreeti
curious about SoCal investors are they finding any cashflowing long-term properties?
I need help analyzing a duplex I've found a recently selling for ~800k and renting for $4100/month. I've calculated the mortgage payment to be around $5500/month with a 6.6% interest rate and 20% down so that means th...
Bruce Bloom
Buying Preconstruction in South Florida Pros & Cons
I live in South Florida and I'm looking to invest here, but I would like to get some discussion going regarding buying preconstruction properties to hold and use as rental income. There are some pockets of developmen...
Orlando Goodon
$600k house sold @$175k in 2011, then $70k in 2016 now $500k??
I have see some CRAZY price histories in Zillow. I know you can't trust Zillow, but I suspect this is some sort of red flag? How can a house drop from $178k in 2011 to $69k in 2016, then in 2020 jump to $500? Is this ...
Murtaza Cheema
Thoughts on this triplex?
Definitely pricey, but location is unbeatable IMO:https://www.har.com/homedetail...Thoughts on long term appreciation in this pocket?
John De angelis
Want to cancel a Contract to sell a four familiy in New Jersey
I went into contract on a four family property about a month ago with a scheduled close this week.As a seller I have been struggling with this contract, since I had never sold a multifamily and quite frankly cut mysel...
Oliver Martin
Should I sell? Vegas
Bought the house in 2012. Remaining balance is 250k on a 3.25% FHA loan, eligible for pmi cancellation in 2 years . Mortgage is $1670/mo including pmi. In two years, mortgage may lower to around $1300 after pmi cancel...
Michael Renna
Trying to anticipate the market - Dangerous?
Hi All,
My hometown of Austin Texas is in a huge growth cycle. The home prices could be argued to be overvalued, so I wanted to look at alternative nearby towns. I came across Bastrop, TX. I found a charmi...
John Higgins
How would you handle this development deal?
Hi everyone. Long time reader here.There is a busy road with 8 single family houses. The area, once out of the way, has grown into a hot new area of town.The land where these homes sit, is now becoming prime retail/of...
Mustafa Mo
When would you call a condo is a good investment?
Hi,
I found a good condo & I know the area of it very well. Condo is in an excellent condition, located at a golf course. When I did my math, I found that the condo is going to barely break even (target Rent vs m...
David Sorrells
Owner Financing Thoughts - Dallas, TX
Hello all,I am a local investor and Realtor® in Dallas, with my first ever post! With any luck there are some local owner financing experts that don't mind giving me some pro tips.I have a new property that I could f...