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Was wondering how much I should raise rent on a property whose value has DOUBLED since the tenant moved in 7 years ago? In those 7 years, I NEVER raised rent, ONCE. Any help would be appreciated!!
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I have problem. At this time, I am acting as a sponge and am in the process of educating myself the basics of real estate investing. I have the principles and theory of it down in my head. I understand the strategies,...
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We recently ran into a great opportunity! Because of our success with our first Direct Marketing Campaign, we decided to target another area and last week was our first week to hit the new area. We had a great respo...
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Hello!I am looking at creative ways into getting my first real estate deal.I found a duplex that is offering seller financing and the whole place is gutted basically, other than the walls. So it needs new kitchens, ba...
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Hi , I’m completely a new beginner in this real estate game and just tryna put my foot out the door.I’m creating a plan of what I want to achieve, I have a idea of what I want to do ,house hacking, but I guess I’m hav...
Hello everyone, I'm currently looking into buying a property with my father as an investor for the DP and Closing Costs. At the moment we are getting close to closing on a home that costs $370k~ with 25% down. At the ...
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I'm in the process of purchasing a 20 unit complex. The bank has given me 2 choices. Option 1 is a 20 year amortization 4.8% vs a 25 year amort @ 4.99% (both with a term of 7 years). The payment would be $7,624.87/mon...
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We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...
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I am looking to start my real estate investment career by moving into a new home and renting my current home. However, I have run into an interesting situation with a new construction builder builder at the final stag...
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Im a NOOB to REI, and Im in college with a fresh brain so can you all post which books helped you the most and gave you the highest quality information?
Also tell me your favorites, Im currently reading Rich Dad Poor...