Caleb Smith
Economic Crash in Near Future
I have been reading a few articles lately that say there are some economist that they believe there will be a economic crash is 2020. How would something like this affect BRRR strategy?
Vincent Plant
NON REFUNDABLE RENTAL DEPOSIT. GOOD IDEA?
I am in the process of leasing out a rental unit. Its a low income neighborhood and the tenant had some financial hardships in the past which I have agreed to overlook in exchange for last month's rent up front (rathe...
Josh Koukal
How to Invest in Duplex/Single Family Homes in Expensive Markets
Hi!So I am looking at getting a duplex for my first rental property (living in one unit and renting the other). If you look at my other post, it'll pretty much describe that in the Greater Seattle Area that housing is...
Bernadeau C.
[Calc Review] Can i get some feedback on this deal?
View reportHey guys,Any kind of feedback on this deal would be greatly appreciated! Thanks,
NhiQuann Jones
Refinance step in BRRRR strategy not clear to me
From my understanding, if you renovate the property and the value goes up, you get your property evaluated. You want to value to increase from what you paid for it (plus what you put into it for renos). So when you re...
S Harper
How to roll rep. cost into rental property loan?
We are making an offer on a lender owned property that will need 15-20k in repairs. We are planning on doing most of the work ourselves. We are bidding 10K below sales price (it has been on the market for many month...
Danielle Morrow
Need plumbing advice on rental rehab units
Last year I was approached by a gentleman that had purchased a low income 3 family house occupied by a low income disgusting families. Before I took on the building, there was 8 feet of garbage alone in the back yard....
Maura Paler
My First Vacation Rental
It was a trailer. A 1966 New Moon mobile home with vinyl floors, pink appliances and tacky brown walls. Upside? GREAT lake views in an area I knew well and was passionate about. Paid $46K cash. It was my first real es...
David Pena Jr
Pay off my house or wait and refinance?
I’m buying my first home for 80,000 In a neighborhood that could appraise at 140,000. I got very lucky with this deal. My question is should I treat my 30 yr mortgage like a 15 and try to pay off the house as soon as ...
Christopher Hough
Refinancing Home and HELOC Help
Hey Everyone.
Question: I'm currently on a 30 year loan and about to refinance for a 15 year loan. At the same time, I'm about to apply for a HELOC to leverage the 150K equity on my home to secure some funding for my...