I've own a triplex for about 15 yrs. It is fully paid off (for one year now) and it's worth close to $300-350K. My rent total is 30K per year. Recently, I put 10K into roof repairs and I'll have to replace a kitchen ...
All,
I am hoping to get some feedback here w/ potential seller financing (I am the seller). I am a lawyer by trade and am generally not too good w/ understanding tax numbers, etc. I will try to keep it simple - any f...
We are building a new home and are trying to decide what to do with our current home. We don't need the money from the sale for the down payment.Currently, we are thinking of renting it out. It would rent for about $2...
Hi, I wanted to share my experience of building a cabin up in the smoky mountains remotely from Florida.
Back in October 2020 I went up to TN to view a recently completed cabin by a builder that was beautiful then w...
Hi everyone, I'm a new investor in Richmond, VA. I've been reading a lot of posts and blogs here. Now I'm ready to write my first post:) I have a rental property in Seattle that has been paid off with about $600k equ...
Inspected one of my rentals recently (flew in from out of state) and hadn’t even got my foot in the door (with my PM at my side) when the tenant begged me to sell the house to him. He was sincere and forthright. I d...
I inherited a house from my father in 2011. This house is located in Marin County, California (not in an extremely expensive area of Marin). I've been renting out the property ever since and using the rent to pay down...
HelloWhen is the best time to sell rentals after holding for years....assuming no big jump in valueSeems to me if the market is steady...putting a long. The best time to sell rentals before retiring is to get to the p...
Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...
I had good timing and got a good deal on a rental property I purchased in the Denver area about 2.5 years ago. I bought it for $238k, put 20% down. Rents are up to $1850/month in the area, but the home value is up to ...