Hello all.
Well I have been looking for some time now for another decent deal, and I came across this one..
Small 3br brick twin in decent part of town. Fannie Mae owned and listed @ 44900.
The place isn't really ba...
I am a 64-year-old landlord with 2 condos adjacent to a medical school in suburban New Jersey. For 30 years it’s been a never-ending supply of tenants who are almost never home and always pay on time.
Why would I wa...
Hello BiggerPockets. My name is Josh Lester. I'm wading into real estate investing and thought it was time to introduce myself here. I've been a long time podcast listener and lurker here, but haven't engaged until...
What’s a realistic IRR to expect on a long term rental in the current market? I found a house in Atlanta that comes out to an IRR around 11% when I run the numbers, is that good or should I look for better? That’s wit...
Hey all! I may have stumbled across a deal in my hometown in Florida this holiday season and am interested in this group's thoughts. My background: I currently own two STRs that I manage long-distance, and am intere...
I have a mortgage on my primary home, and 3 other mortgaged rental properties (making that 4). I have two other rental properties that I bought in cash. One I was able to get a HELOC on. The other, I tried to ge...
I own a home in South Tampa (Port Tampa Neighborhood). I bought the home for $220k in 2014. It is 5 bed\2 bath 2700 sq ft on 100 x 100 double lot but it is ugly; built in the 60s, low ceilings, poor layout, etc. I owe...
I have a deal in the making that I’ve never done.
Here’s the scoop
It’s seller finance.
Cash would be $159kI would need to discuss this with my attorney but the nuts and bolts would be $184K purchase price, 7% in...
I have a property that I would like to do a 1031 exchange. The property is valued at $440k. I owe $140k. Let’s say that the sale generates $300k profit for simplicity. (Not included closing costs etc) 1. I need to pu...
I have a goal to pay off a large loan in 10 years. Let’s say I have 10K available to put towards extra principal every month. Would I end up paying the loan off faster if I did one lump sum payment of 120K per year, o...