Hiya all. Well here's my situation.
I wanted to buy a second rental property after we moved to Hawaii for work and became bankable again. I was planning on using the HELOC money from our first rental as the downpaym...
My biz partners and I found a house on the MLS and used an agent to make a cash offer, which was accepted and we paid 3% commission. I don't mean any disrespect to agents, but we can't help but feel like the 3% was o...
I have owned a duplex for several years. It cash flows well and a lot of equity. It is unlikely that I will leave my W-2 job but my end goals with real estate are to grow my portfolio so that (1) pay for my kid's coll...
So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...
Hello Everyone! Wanted to connect with anyone who had some advice on which markets in the DFW area that would be best for a House Hack strategy? The goal would be to house hack an ADU, and rent it out as a short or me...
I’ve been a real estate agent for nearly 10 years but I’m going to start investing. I’m surprised how much of a different perspective is needed for investments versus residential real estate sales. Anyways, I am pla...
Maybe not the best place to ask for advice - I bought a home in N Central MA advertised as totally renovated, a pristine revival. Among other attributes was a new roof and new high efficiency HVAC. What I've learned...
How much do you pay a lawyer on the buy side of a transaction? I saw another thread that said they work with lawyers that have $250/hr rates. I've been told $550 and $700 by individual lawyers to close on a property.A...
Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...