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Hello All - Quick Question for the Forum: Should a NEW investor proceed in purchasing a property based exclusively on the merits of the DEAL (Cashflows 200-300 per month, good CACR) even WITHOUT 15-20% down and withou...
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Why invest in real estate?After all, there are lots of things to invest in -- stocks, bonds, precious metals, collectibles. What makes real estate so attractive to you? Is it because it's tangible -- you can ride by...
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I am new to investing, as I have bought my first 2 houses in the latter half of this year. I guess I didn't think this part of it through in detail before starting my new business, but, as stupid as this question may ...
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Thanks for your suggestions below.
I bought my first rental property 3 years ago for 336K. It’s now worth 470K. Mortgage including taxes and insurance is $1750 a month, and rental income is $2500. Right now I’m payi...
Our primary home is paid off after 2 years of pouring every penny we could into it. The market value is about $300k. We bought it as fixer upper for $188k, renovated and now plan to lease it out. We (my husband and i)...
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As a brand New investor with NO track record and Not much $$ to talk about is it Really possible to find a deal, find the funding for a deal and close?Don't private lenders want some $$ protection for funding Newbies?...
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Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...
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I'm 25, a teacher with no debt and a some money saved up. I plan on saving money another year because I am lucky enough to be living rent free for now, and my goal is to have a good credit score so I can purchase a mu...
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So I am just starting out here and in the process of educating myself. I think the BRRR method is great; but, I don't have the resources set up to execute this strategy (yet). I also make decent money and really nee...
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I'm 28. I'm not broke, but I definitely don't have a huge savings. I work an 8-5 and love my dogs. My DTI ratio is about 40%, I have lots of student loan debt, and I cannot currently save but maybe $100/month.After li...