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Hello friends, REI newbie here and I have been looking at the Cleveland, OH market for Buy & Hold multi-family properties (2-4 unit). Some of my big questions are around the Cleveland economy and my lack of local ...
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Hey all. We have 3 rentals and close on a 4th in a couple weeks. They’re all under one LLC at this point but wondering if we should be creating separate ones and also how others are managing all the paperwork so tax t...
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I'm looking at buying a vacant lot, then getting a used single wide mobile home for it. The purpose would be to rent it out through a property manager just like a regular single family home. Where I invest (East Centr...
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Such a popular topic on this site... I have been following a lot of the threads, I have a keyword alert for "Detroit" and my email box fills up every day :-). I thought I would share my two cents and history in t...
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Duplex
Asking Price: $150,000
Gross Potential Rent: $1,900/month ($950/unit)
Taxes: $263/month
I have been pre approved for convential loan assuming 80% ltv @ 5.875% interest, 30 years.
Here's the catch: I on...
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I’m a new investor to Nashville, TN.
I have wholesaled one deal ($20k profit), and just bought my first multi-family (3 apartments in East Nashville).
I am partnering up with my realtor on future endeavors (BRRRR, f...
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Buying a turnkey rental and the lender has proposed the two options below.
Part of me says the tenant is ultimately paying off the loan, so who cares? Take the extra 5% down and use that $4K or so as down payment ...
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Hi all,My girlfriend and I just got a new car- she makes the payments and we put it in my name due to my pretty good credit (hers is currently pretty bad). My question is: My dad freaked out when we bought it because...
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http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/07/13/BA161K9LGE.DTL&tsp=1
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I recently graduated from college and have become interested in applying the BRRRR strategy in the area around Louisville, Kentucky. I'm in the process of reading the BP books and still have a lot of reading/learning ...