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Hi all.Here is my scenario:Bought a duplex out of state last year. I took a HELOC on my primary residence for $200k.Used 35k down, 12k burned by a nefarious “contractor”, we eventually obtained a real contractor who d...
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I've noticed several years back some negative reviews for Insula Capital. I'm having a very hard time with them and on the verge of losing my earnest money on a house purchased to flip. After getting the funds letter,...
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Although I'm not a big fan of using the Capitalization (Cap) Rate to analyze a property, it is a number used by many investors as a quick one-dimensional metric. It is also one that is more commonly used in the comme...
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I recently graduated college and have am eager to get started in real estate. I would like to focus primarily on rental properties for a long term steady ROI. Unfortunately I have 55k in student loans with 5.7% intere...
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Hey Everybody,I'm looking to buy a househack in the sacramento area. I'm looking at small multi-family homes, 2-4 plexes. I check listings almost every day, but it is rare I find something that the numbers work. Other...
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Here's the situation that we're in. I am a doctoral student with:
[list]
little debt (car loan and 35k in student loans),
little assets (3k in an index fund, 7k in a target retirement fund/Roth IRA, 1k in individ...
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Nancy Pelosi is at it again. She wants to call congress back in session after the elections so she can give away more money that we don't have. Enough already!
http://news.yahoo.com/s/ap/20081008/ap_on_go_co/meltdo...
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Just got a 4-plex under contract for $120k. Each unit is a 2/1.1 and rents range from $540 – 580. Gross rents of $2250. They are all currently leased with tenants of 12, 7, 5, and 2 years.
I just met with the ow...
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A newbie's dilemma: I am looking for an owner-occupied duplex, but the ones in the area that’s suitable for us to live are just not producing enough cashflows (the mortgage is a lot higher etc). The # on cheaper ones ...
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Hey everyone! love all the help and support this site offers!
I Hired the wrong contractor to finish my basement. The long and short of it is, he is way behind (7months) and only halfway done with the project. The w...