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Hello, I have 3 properties that I've owned for 3 years and recently added a package of 5 that gave me 8 total. They're all paid off and the value is give or take $400-450k. The total rents generated will be $6300/mont...
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This is me thinking out loud :roll: but up to this point I have considered the implications of risk in a rehab project as either and increase in cost and/or a delay in schedule.
In order to account for risk I add a...
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I am renting my newly purchased sfh and really need your advise on picking the tenant. Both is ready to move in this Saturday oct 1.
Applicant #1: the couple with 2 kids and a dog. Combined income is 2x monthly rent. ...
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Greetings! I am brand-spanking new to the world of investing. I'm here primarily to learn, to ask questions, to figure out the best way to break into the world of real estate investing.
I work as a Trainer a...
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Hi there. My partner and I are new to investing and we found a "buy and hold" property in Minnesota and are buying it cash 50/50 each. Can we buy it under two LLCs? Or should we just use one? We want to buy the house ...
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I have made a connection with a commercial lender at local community bank. After speaking with the commercial lender, they're willing to offer the following loan vehicles with as little as 15% down payment. I have ...
I've been renting my house to a friend and his wife for the last 2 years. That was a mistake. They were always late, had dogs, chickens, painted rooms absurd colors, and got paint everywhere. About 2 months ago I s...
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After looking in the Cary/Apex areas for a few months in the $300k bracket, I decided to move closer to RTP and signed a purchase contract for a new SFH build in Durham (Brightleaf subdivision). ~2600 sq ft, 4BR/3BA, ...
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Hi All- Newbie investor here trying to get started w/ a buy and hold strategy. My goal is to build a cash flow portfolio. I live in So Cal, so it's likely that I'll have to go out of state to achieve my goals. Howe...
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I am closing on a duplex tomorrow, and one of the tenant's has a fixed lease through July 2019. The lease agreement specifically states that there is to be no range in the unit, but there IS one in there. When presse...