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I have a property that I am looking into for owner finance. The property’s ARV is $200k. He wants $150k. Repairs would be $15k.Rents are conservatively $1350/month. I want to buy the property and fix it up. I’m trying...
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All, I'm thinking about branching out into a multifamily purchase. I found a good candidate property - $2360 monthly rent received. It's for sale for 310k, so when I put all the factors into a calculator I'm getting...
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First time poster but long time reader. I wanted to get advice from folks who have more experience than me on a question I have about selling a rental in Baltimore City (Patterson Park / Canton area). A little backgro...
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hi everyone so sorry i don't have a pic posted yet but i will soon.so i am 26 years old and newly married as of may 20 (yippie) . we are currently renting a 4 bedroom house for $700 a month paying no utilities and we...
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So as I understand it, the reason for setting up and LLC is for Checkbook SDIRA. I do not have an LLC but I have contacted my SDIRA holder and I am ready to purchase my first property. I can do it all cash for a duple...
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I currently own 2 long term rentals. Closing on a 3rd rental mid February. I've decided to start a side hustle involving wood fire pizzas. I bought a mobile oven trailer that can cater and be a food vendor for various...
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New investor here. I'm trying to do quick analysis for properties using mostly rules of thumb (50% rule, 1.5% purchase price for rent, ect.) I feel like I'm horriblely estimating them. I'm not sure if I'm using the ru...
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Hey all.
I’m also a total first timer, been looking for first RE deal for 14 months, nothing so far. I recently came across a MHP offer on the MLS near my home and am having trouble analyzing the deal because ther...
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2.5 years ago, we sold a house we'd owned for two years for $900K (paid $480K) and we used the proceeds to buy our current house in the very best neighborhood in Boise for $1.45M and then we spent another $150K (in ca...
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Ok, so I'm really liking the BRRRR strategy. I've been listening to podcasts and reading daily on the subject. However, as a wanna be investor, who was little money to invest, I'm struggling with the refi concept. Her...