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Hey Guys!I have a bit of a dilemma. There are 2 properties that I am interested in with different offer due dates. Here are the key details using the BP rental calculator!Property A:Monthly Cashflow: $516CoC: 5.04...
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So I am curious those of you with percentages to real estate assets versus buying businesses.The businesses tend to throw off really high cash flow but I only look to buy absentee owner type models where cash flow is ...
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My wife and I sort of stumbled into the world of REI recently. We are both in our late 50s and are looking to get involved with investing as a means of continuing our income after we retire and building wealth. We a...
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We had a potential tenant give us a verbal commitment that he would sign our lease and move into our rental unit on November 6 (3 days from today). We sent him our lease via DocuSign last night. He viewed it last nigh...
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Hi, I have about 13 rental properties likely 14 by end of the summer. Where is the best place to apply for business line of credit say 30-70k. I don't need it immediately but likely in case of emergencies or vacanci...
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I've been considering quitting my job a lot lately, should I? I recently purchased my first 3-flat where I should be able to successfully house-hack. Mortgage is 2k and rental income should be about $2600 a month. I m...
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I read Aftershock, the latest edition, by the brothers Wiedemer. It was fairly dark, much about our economy being a multi-bubble economy, the weakness in housing for various reasons (including the 50% or so cash tr...
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I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
Hi guys,
We have a home worth 650k, we owe 350,000 in a place where we couldn't afford to sell and buy another property (got in 2021, the 2.8% interest rate and before the crazy NW boom in Idaho.) We are stuck becaus...
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Hello All,I am planning on investing out of state, right now I am looking at Indianapolis and Fort Wayne, Indiana. Would you recommend beginning with a turnkey property to get into the market, or would jumping in wit...