Laurieann Frazier-Duarte
Considering converting primary home into first rental investment
Hi Everyone,
So, I live in a location (Rockville, MD) mostly consisting of high-priced properties and find it difficult to consider SFHs for buy-and-hold purposes. My strategy of interest is with buy-and-hold of SFH...
Dakota Hicks
When should I stop saving for repairs?
Hello,I'm getting ready for my 1st property and I want to build a solid model for future investing. When do you stop saving for repairs? For example a 3BR 2Ba , I save 8% for CapEx and eventually I have $10,000 save...
John Sween
Advice with cash refi
Need some advice, here are my scenarios.
Option 1 – Regular Saving/ No new action
Save approximately $7,000 per month. To reach the same $90,000 would take almost 13 months of savings.
Option 2 – Cash out / Buy q...
Amaan Hassanali
Confused on a calculation
Edit: Just read ahead and found out that it's the product of the # of units, the cash flow and the time. Nevermind, I understand now.
In Brandon Turner's book on rental property investing, he does a calculation that ...
Chris Stromdahl
Mortgage payoff strategies
We own two investment properties and are cash flowing $1150/month between the two.This is not spending/Vegas money.I don't need to build an empire, but we would like to have a portfolio of 5-6 doors to pad our retirem...
Johnoson Crutchfield
Multifamily value add
What’s the best way to get rehab money for a value add on multifamily? I have been able to take down a 8 unit building that currently cash flows using seller financing, but now I want to do some rehab to value add th...
Claudine Stering
25K Cash in Hand - What to do?
Hello all, Just starting out and I've read so many books and still haven't found the right path/advice. I have 25K cash and have been told several 'must do' with. 1) Immediately put in your saving account 2) Put it in...
Trevor Lowe
Rental purchase using HELOC as Down payment.
Hey guys and girls, Game warden from Kentucky seeking some advice for a rental property I have under contract. What do you think my best option is for coming up with the Down payment for this property? I have a HELO...
David Rogers
First Investment House Hack 203k Loan
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lakewood.
Purchase price: $100,000
Cash invested: $20,000
This is my first house hack deal. My fiance and I bought the hou...
Cameron Belknap
Rental Property Depreciation Cash Flow
I am trying to calculate the cash flow "tax savings" due to depreciation for a property I am under contract for, and plan to rent out.Everywhere I read, I am told to use effective tax rate (total taxes you pay/total i...