Tom Voigt
New member from New York (Brooklyn)
Hi everyone,My name is Tom and I am from Brooklyn, NY. I am a transplant since I was born and raised in Germany and moved to NYC in 2008. It's been great and I love it here. I work as an Account Executive for a large ...
Michelle Bright
Our third house hack has lead to a week of major wins!
I feel so truly blessed. I have to start by thanking the Lord. Without him, none of this would have ever been possible.This week was a week of huge wins for us. First, the wonderful US government has extended an excep...
Bob Malecki
Who is attending the 2019 PaperSource Symposium?
The 2019 Papersource Symposium is only a few months away, if you are planning to attend, let me know! This will be my 5th year to attend and I always learn new things even though I'm a relatively "seasoned" note inves...
Kierra Fields
Selling my home and relocating or keeping my home
Hello all!I’m new here and looking to break into real estate.I’m currently living in Long Island with my home and I’m thinking about moving to Jersey where it’s cheaper but I don’t think I want to sell my house in Lon...
Joshua Ferguson
Setting criteria for buying a rental property
Hello all,I’m brand new here and was wondering what your way of setting criteria for buying a rental property was. I’m currently trying to set my own up, however I’m kind of confused on where to start. I’m looking to ...
John Chapman
Reduced rent for good and long term tenants
How much of a discount do you recommend for longer term renters that are good tenants? Should you keep the rents up to market or nearly so or give your longer term tenants a substantial discount (10% or more). What ...
Curtis C.
Mortgage Interest Rates Higher for Rental Properties?
Hello Everyone,
I am in the process of educating myself before I purchase my first few rental properties. I have heard that the mortgage rates for a 15 or 30 year loan are a little bit higher than if you were to get ...
Anthony Martin
First deal under contract!
Finally got my first 100% Investment property under contract! This is my second purchase, but the first property started out as owner occ, I don't know if I'll ever step foot in this property. It's a 3/2 in Warne...
Jonathan Farber
The inspection is back now what? Who's best person to analyze?
Hi all, prospecting to buy a rental property. I obtained an inspection. There is a lot on there (not necessarily all bad) but being that the report is very dense, I am having trouble sifting through / understanding ...
Justin Kimmet
IRR with little to none cash flow
2 bedroom 1 1/2 Bath Townhome1100 SFPurchased property for $83,500Closing/repairs : $8,000ARV : $105,000Rent : $895 per month (2% Rent growth, 3% appreciation)Loan : 15 year, 15% down 5.75% Interest rate fixed convent...