Hey guys, I am relatively new to the game when it comes to REI and I am currently practicing analyzing deals but I could use some guidance when it comes to understanding what a good cap rate is. I understand that Cap ...
We were thinking of putting an offer for a short term vacation condo in Maui Hawaii (~400k) but decided to not go forward with it because of high 3.75% interest rate for 30 yr Fixed, 20% down. We knew that STR's fall ...
I have a great housekeeper that consistently gets mentioned in reviews for cleanliness and has a backup team in place. Only problem is she charges more than others are charging for their cleaning fees.I've shopped oth...
Hi everyone,I was looking at an investment property that returned a 5% cap rate after renovations. The cash on cash return is basically 1%Can everyone give their two cents to what their cap rate is on your properties ...
I have 30 yr fixed mortgage for 3.5$ APR. 25 yrs remaining on the loan. Since interest rates are dropping, is it good idea to refi for a lower rate? Any thoughts/suggestions. Thanks in advance
I plan to start my search of houses this quarter and planned to get a prequalification letter first. With it I can have a better idea of the price range I can afford.I contacted BOA and Chase loaners. And they all tol...
Hello BP! Does anyone invest in the Lincoln Village area, specifically south of I70 and west of 270? I have a rental in Hilliard and it made sense to purchase when interest rates were so low but it is difficult now to...
Hello all,I recently got a list of tax delinquent from my county that is 13K+ long. Many are commercial locations and apartment complexes, neither of which I'm interested in right now. My question is what delinquenc...
So, I was looking at moving into a new primary residence. My current home was a duplex at one time and I was planning to keep it and rent it as one. I've got a few other real estate investments. Anyway, one house that...
Hi All!I was planning to buy my first rental house at $300K with 50% down, and after just talking to a banker from Chase private client, there's seem to be a better way to do that.My current primary house:Value: 1100K...