Sam Peterson
Is BRRRR effective in the Houston area?
While discussing various strategies with another investor friend, I suggested that I’d like to do a 1031 exchange, taking my equity and rolling it into a smaller home to start my BRRRR endeavors. His advice was to hol...
Bill Ward
Keep, refinance, or sell?
Hello, I've done plenty of reading on this and I'm constantly on the fence as what to do with my one and only rental (former residence) property. I'll keep it short to not waste your time:Purchased in 2010 for $123k, ...
Diane McDonald
Sell as-is to stop the bleeding, or pay a bunch more money and rent out?
Hi all, I'm in a pickle with my first home. In 2021, I bought a 3br 2ba house built in 1940, with an attached 1 br 1 ba apartment addition. I knew it needed a full rewire (still had knob & tube) but did *not* know...
Billy Gullett
1st flip
I'm new to flipping houses but there's a house in my area on Auction.com for $15,000. It's in pretty bad shape but if it was completely rehabbed and put on the market I'm thinking it could easily sell for $180k. So m...
Account Closed
Current SFR deal analysis
Price=300k
Down=20%
Interest rate= 3%
30 yr fixed
P&I=$1012
Tax per month=$291
Insurance per month=$67
Total per month=$1370
The home is 4 bed/2.5bath 1800 sf
Built in 2005 so very low maintenance. Very rent...
William Dorough
What to watch out for Multi-Family Deals
Hi all,I never purchased the multi-family investment and I want to get into this type of an investment.I red numerous post regarding the multi-family, but I was wondering if I can get help on what to watch for in mult...
Ken Cooper
Refi to invest?
I have found a property that I would like to purchase as an investment. To get the funds to purchase the property, I plan on taking equity out of my primary residence. I am trying to decide if it is better to refi...
Ryan McGhie
[Calc Review] Brand new & wondering about Cash on Cash ROI
Thanks in advance to everyone taking a look at this! I've been reading and studying and trying to learn as much as I can about real estate investing and I should have my cash out refinancing done later this month. I...
Account Closed
Home rehab -- bank telling me to assume $0.30 value increase per $1 spent
I'm looking to finance a renovation of my primary residence and one of my lenders is telling me that if I spend $150,000 on a renovation, I can expect it to add $50,000 or so of value to my home. That seems too conser...
Daniel Miller
question about utility handling
I am getting ready to rent out my first house (it's my dad's house, he's in a dementia facility now). One basic question that I have: what, exactly happens with the utility bills once a renter moves in; do I change t...