Brian Pleshek
What should I really be doing?
With the purchase of my current rental, once it is leased out, I will be FI. Here is what I currently have:My house paid with cash. Approx value: $210k.Rental Property 1: $35k mortgage, Approx value: $120k.Rental Pr...
Zach Schwarzmiller
Short Term Rental - Insurance Company Placement - Question Regarding Lease Formalities
Greetings - I have recently started remodeling and furnishing one of my longer-term rentals to convert to a short-term vacation rental through websites like VRBO and Air BNB. I was also interested in advertising it vi...
Quincy P.
What arethe financial requirements to purchase 15+ unit building?
I recently purchased a 4-plex and would like to start setting up for purchasing at least 15+ unit building in the Minnesota/Wisconsin area. I am wondering how cash reserves are reviewed for such a purchase? I would be...
Daniel Dawson
BRRR strategy - question about the last R
My friend has 2 houses. The 1st house was bought in 1999 for $45,000 and he bought it with cash, lived in it while he re-modeled/repaired it, and then bought a 2nd house in 2012 for $100,000 with a conventional home ...
Christian M. Conroy
How to Go from FHA 3.5% to 20% Realistically
Hi all, My partner and I plan to buy with the broader DMV area with the intention of moving in around March, 2024 when out rental lease ends. We're giving ourselves a good lead time to do all the necessary research an...
Roger Vi
What do you think of this 4plex?
4 plex right off busy intersection and <1/4 mile from interstate ramp.
2bd/1bth 2bd/1bth 3bd/2bth 1bd/1bth
4 Parking spaces (2 covered) + 4 street parking spots
Purchase Price 325K; 25% ($81,25...
Michael P.
Property Value 80k - what about PURCHASE PRICE?
Hi everyone,Worth 80, has tenants, paying 800 monthly, no actual work necessary. I am doing a 30yr, 25 down, 5.125 rate, my payment 280. After mortgage, tax, insurance payment I will be positive 366.What should my pu...
Ian Russell
Advice Needed Please
I had previously posted about needing some advice on my multi family properties and got a lot of good feedback. I had a few people mention that I am not using the equity in one of my rental to my advantage and wanted...
Dustin J Woods
Buy & Hold - Over pay?
Is it ever okay to pay full market or over for a Single Family Home, if you never intend to sell it? For instance, you can finish the basement and rent it out as a separate unit because it has a separate entrance alre...
Vernell D Watson
Paying back a hard money loan question?
Hello All,I just got off the phone with a private money lender for a potential flip. He offered me 90/100. 90 percent acquisition of the property and 100 percent rehab up to 70 percent of the ARV. The property cost 12...