Just getting started in really taking a hard look into real estate investing. Came across the concept of House Hack and wanted to solicit expert opinion from this forum.I grew up with the mind set of never leveraging ...
TL;DR: State Farm just gave me full access to my uncle's State Farm account without his permission or knowledge. We have no assets in common, except we share names, partially (he is Ben, I go by Benjamin). I can see/e...
I am looking at buying a 5 plex in a very small town. It is about 15 min in between two other towns that have a population of 4000 and 8000. They are asking 100000 for it and it gross rents equal about 2250 a month. T...
I have an opportunity to buy 7 long term rental condos in a strong rental area. Broker said he can get me a loan for 70% of the purchase price at 5.99% and then pull the other 30% from 3 units I currently own free an...
I have several properties, a mix of multifamily and single family homes. 4 of the properties return 20% or better monthly cashflow on my down payment, but 1 of those is because it is paid off.
I have 3 sfh: ...
Has anyone allowed tenant to put down low security deposit and pay as you go to the full amount? For example security deposit $1000 they put down $200 and pay extra $100 a month towards security deposit.
Would like t...
Rental property in class B area.Current cap rate is 5.8%. These are not the actual numbers, but is the actual percentage and actual ratio:I invested $x.xx (say invested $59,000). The $59,000 equality has grown to $10...
My situation: -I live in California and I am closing on a property that will be available for rent effective sept 1st. - This property is in Conroe Texas- My plan is to market the rental myself on zillow, hotpads, rea...
Hi BP -- I'm currently working on my first House Hack. I'm debating whether or not to fix old sewer waste pipe. It is a huge ticket item and can eat ~30-40% of my reno budget.Today I did a walk through with plumbers a...
Just wanted to tell my little story, hope it's an encouragement to someone who wants to jump in the pond but hasn't gotten past tipping their toe in yet!2 years ago I went on a business trip (yes I also work a full ti...