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Hello, after reading many posts and doing research I've come to realize many people are spending around 20-25k on rehabs. The problem is, I'm spending anywhere from 35k-50k. Am I going overboard on the rehabs? Our ...
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I have a 51 year old home that looks like I have a buyer for. FHA financing. It's in good condition, but with it's age it has some issues/aging. Older electric breaker box and wiring, for example. And a roof with a...
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Hello everyone!I'm interested in buying a SFH home in CO springs as a long term rental. I've run the numbers on a bunch of properties using the following numbers:- vacancy 6%- Property tax 0.44% of list price per year...
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So I purchased a home in Philadelphia, PA in August 2011 for $199k with a FHA loan at 3.75%. The mortgage payment was $1265 initially and now since it's my rental property, I am renting it for $1400/month, but have $...
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Hi guys! Just put my first offer in- super exiting to even say that haha. Property is 280K market value (3B/2B) condo in Lakeside, California. Sellers description says that owner “wants it gone” and they lowered the p...
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So there's a duplex in my area for sale for $198,500. The owner wants 10% down and will finance the rest at 4.5% interest amortized over 17 years on a 5 year balloon with a pre-payment penalty if refinanced before the...
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Aloha, Soo much great content and professionalism here! Thank you in advance for giving me a chance. Here it goes, I’m new to the site and I’m new to investing. I have a condo in Mililani Oahu and looking to 1031 exch...
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I can't tell if it's analysis paralysis or if I'm too stringent on my analysis or just not finding good deals.I'm following the 1% rule. I budget 50% for expenses not including mortgage, but including taxes, insuranc...
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I have three homes, some of which I've subdivided into individual units, one of which has an attached granny, one a remodeled garage studio, and another in which I just remodeled the master suite add-on into a large s...