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Hi,I am considering selling my rental property which I purchased for $380k 11 years ago and currently has a market value of $330k. I am not breaking even on the rent, hence rather sell. I am married with combined yea...
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So my wife and i are at a crossroads. She has been offered a job in the Atlanta market, and my job has the potential to transfer. Problem is, we've only been in our house for a year in the Nashville Market. We boug...
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Single. Make $100k as a w2. Just bought my first property which I am going to house-hack 2 rooms at $600 each. I live in CA. Should I continue with my idea of buying my first investment home outside of CA? or should I...
Hi All,
I am putting together some numbers for my first deal and would appreciate if you could look over my numbers so far and let me know what you think?
First off, let me explain my current situation and what I am...
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Hi everyone I have an issue which I'm not sure how to handle. Late December a third story apartment flooded and messed up our unit which is on the first floor. It was late at night so we had to send a vendor out for t...
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Guys,Got a call from a banker. A set of several automated car washes is selling. If anyone owns some car washes, please chime in. Underwriting EBITDA and CF, and I'm starting to develop a basis for understanding, but ...
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Hey guys! Just learned about BP from the ChoosFI crowd and am super excited to dig into this. My wife will be active duty AF in 2020 and we will potentially be living in the Chesapeake/Norfolk, VA area. We'd like to u...
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Good afternoon everyone,
My dilemma: Contemplating Purchasing first 2-family home. 3br lower 2br upper
Pros:
- Location, in the heart of town
- Tenant paying $1500 for 3br and wants to stay (been there four years)...
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Hello everyone, I have a question for you all and would really appreciate your advice/recommendations. I am still a rookie, starting off my real estate investing journey. Hopefully, I am stumbling on something that yo...
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Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...