Vinod Sirimalle
Need advice on purchasing a flipped property
I came across a recently flipped property (SFR) at $195K in central FL, rents are in $1500 range. I am still new to this investing, so need advice. This property is in a good school district, well established area ...
Steven Kinkead
Renting to retirees?
I purchased a small home in an age restricted (55+) community. I expect many of the potential renters will be retired, so their income will be from from social security, pensions, and savings.
Does the 3X rule (incom...
Raj G.
Basement fnishing-Permit issue
Hi I have a walkout basement , it's semi-finish, I want to finish it ..right now it's concrete floor, brick wall I want to do flooring , adding insulation on walls and roof and adding drywall also need to add some e...
Jonathan G.
Insurance questions and actual quote
This is our first single family home and we are getting quotes for insurance. Here is what an agent came back with. At first glance, I am concerned about it not being replacement cost, should I be? We think it will...
Ryan Orr
located in Missouri entering House hacking
Currently interested in house-hacking a duplex in Springfield. Springfield is known for its multiple colleges in the area. Is this a pro in house-hacking because there will be more people renting? Or a Con due to the ...
Eric James
What to base an offer on for a low occupancy/distressed MFH
I'm considering a 16 unit multifamily with an out of area owner. Supposedly, the owner purchased it to turn it around but didn't have the time and is now looking to sell. There are currently only 5 apartments rented ...
Chris Kraemer
Good way to purchase first rental
What is the best way to acquire my first rental property?I am too busy to do traditional prospecting, but I am willing to make less of a profit.If I can't do traditional prospecting, should I stay out of real estate?(...
Sunitha Rao
New Member from Boston
Hello everyone!I live in the greater Boston area, work in finance and have completed about 60% of Villanova’s MBA program…not that I’m counting or anything! For the last few months, I’ve been listening to the podcast...
Curtis Moe
4plex built in 1900 - cashflows nicely. Still debating
I found a 4plex in MPLS, MN that would cashflow $25-75.00 per month(depending on slight variations in the numbers I've ran(which I've ran 5 times)) with me living in one unit. I would house hack and use a VA loan to ...
Milan Joshi
Another negative cash flow question
Would you buy this property with initial negative cash flow?Property purchase price: 435k5 condo units under one roof total property tax is approximately $7900. Hoping to convert back to apartments after possible pur...