Ok, so I sold my investment house in Commerce City, Colorado.
Denver area, for out of state people.
We bought it 2 1/2 years ago for $120,000
Mortgage was aprx $900/month
Rented it out for $1,900/month
Listed f...
If you have spent even one minute on these forums, you've run into Jay Hinrichs. He's one of our most prolific contributors, currently sitting at Number Five on the all-time posters list.Jay has been investing forever...
So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...
As some of you know, my wife and I are in the process of purchasing a vacation home in the Davenport area. We are planning to rent it out as an STR when we are not there. While looking at other STRs around the area we...
Does ceiling fans/ light combo increase the rent rate or not?I just purchased a house that had nice lighting in the bedrooms, but was not ceiling fans. I know ceiling fans are just something extra for tennis to break,...
Economic Update
(Monday, March 29, 2021)
This pandemic has really exposed the fault lines in our workforce demographics. It has exposed the divide between those who can work from home and those who can’t (deemed e...
I am a new investor, but seriously dedicated to improving my financial position through real estate investing. I will be buying a property this year, and was aiming for something before June - but I have hit a bit of ...
Hello,I am thinking about cashing out from my house in Los Angeles and take the proceeds to invest in condos/Houses in SE Florida (West Palm Beach to Miami area). I will have about 500K.Interested in hearing from othe...
Hey everyone. I'm sure at some point, the majority of you have had to deal with depression. Sometimes, it can be completely debilitating and throws me off my groove for months at a time. Let's be honest, shoving my...
Hi all,Well after doing (1) live-in BRRRR and (1) SFH BRRRR which is rented out now, I decided I wanted to do a true "flip". That is, buy a property, gut renovate, and immediately try to sell it. I had just recently ...