Shawn Reisner
Duplex Cash Flow Analysis
Hey guys! I think I found a good candidate for my first investment property, but I wanted some feedback and what you think of my numbers.The property is a duplex where each unit is a 1BR/1BA. The total monthly renta...
Peter Roehrich
Newbie in Hyattsville, MD
Hi,I'm Peter from Hyattsville, MD, just outside of Washington, DC.I am an operations manager at a railroad by trade. My real estate experience is limited: I'm a homeowner and have taken the licensing class in DC, but ...
Jonah Wilson
Can I assign a land contract?
I have come across a deal that seems promising. The owner wants 17k for his sfh and will finance. After researching I noticed "7k in delinquent taxes". The value is 26-27k, with that being said my partner wants to off...
Dale Petersen
Good first investment?
Hello everybody.
My wife and I are getting ready to move due to me getting a new job. With this move in mind, we were looking into buying a 4-plex on a FHA 3.5% loan. We were planning on living in one of the units.
...
Lee Cruz
how many units did you have until you hired property management?
Ive been reading that i should be hiring a property manager right away, even for my first property. Reason being PMs have the resources for marketing, vacancy and day to day operations. Where if i was managing it, it ...
Rick D.
Tax Savings from Rental Properties
I realize a real estate investor “makes money” in four basic ways. Cash Flow,Appreciation,Principal Reduction, and Tax Savings.In order to properly estimate my returns I need to assign a dollar value to each of these....
Rodney Burayidi
Respecting Tenant Requests Can Also Be A Win For The Landlord.
Sometimes tenants can point out flaws in a unit that an owner won’t notice because the owner doesn’t live in the unit. The tenant of this unit pointed out that one of the windows in his bedroom was not actually a wind...
Lisa L.
Should I use HELOC now?
I’m under contract with an off-market deal which will close in 2 weeks. The price is $230K and it’s a cash purchase. After purchase rehab cost is about $15K.I have enough cash in savings or I can use a HELOC to purcha...
Darren Bloomfield
75% LTV? What about owner occupied?
Just finished BRRRR by @David Greene !!! Fantastic book and really changed the way I will think about scaling my portfolio. 75% LTV refinance was mentioned a lot and I am wondering if this is because a 25% downpaymen...
Pradhap Nirmal Natarajan
Umbrella Policy Questions
I have 5 rentals in Ohio and I am shopping for umbrella coverage. What are the key things that I should look for? Do I need a business policy or does a personal policy cover my rentals as well? One of the insurance ag...