Hello all, I have a numbers based question that I can't quite figure out. I currently own my home and have a mortgage on the property. I am looking at potentially buying a new home and renting out my current residence...
I was able to get three cash flow positive properties with solid CoC returns during the downturn, and part of the way up, but in the greater Seattle area it is getting harder and harder. Prices are too high relative t...
I could really use some cumulative life experience advice this evening! I just used the MySmartMove site for tenant screening and was greeted with a tenant score of "conditional" with a FICO of 468. I have had bo...
I'm really having trouble seeing where the money comes from from being agent. It seems that if you're not selling 12, 20, 30 homes that it's extremely difficult to make a living. From the experiences I've heard it's h...
My partner and I closed on our first 3 rental properties between March 15th and April 27th. All 3 properties were purchased with cash and placed in our LLC. We have not been able to find a lender that will cash out re...
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $450,000
Cash invested: $10,000
First short term rental investment! Extremely unique house shaped like a lig...
I'm 18 and have no credit history. I've only worked 2 part-time jobs so far and am starting a new one in July. I have sufficient funds for down payments but I won't be able to get any mortgages and I don't know how...
Hello,
I am in the process of buying a rental property(1) for $400k with all cash (needed to get the best deal). I’m funding this from HELOC on my primary. I will most likely get $450k in heloc. For the first 6 month...
Alright, so I have a house valued at about $60k. The amount owed on the home is over 50k. We'd like to sell the property quicker than the average 150 days on the market in our area without selling at a discount. Havin...