Have you installed any energy savings devices in your STR properties?We have a 4400 sq ft 6 bedroom cabin that just had an $800 electric bill.We have 2 HVAC systems and an inline dehumidifier. These run alot in the su...
Hi all!Would YOU do this deal?$1,000,000 for 3, 3 families.Total GROSS rent $10,600/monthOwner financed $1,000,000 at 3-4% over 15-20 years.Seems like a no brainer. Let me know your thoughts please.
Wondering if any of you out there have some sort of "formula" you use to estimate repairs/maintenance and vacancy reserve costs when evaluating a new property?
I have been sort of guessing on mine so far and doing 5% ...
Good morning everyone,
I am a first time investor in the Chicago area looking to find a muli unit property and fill it up with some tenants. I am 22 years old and I drive trucks for a living right now. I want to get ...
I am fairly new to BP and the wealth of information is absolutely amazing. Quick background on myself. I had several rental units prior to Hurricane Katrina (yes, from the New Orleans area) and all of them were wipe...
Hey all, love the site and the podcast etc. I am looking to get into REI and am trying to find the best avenue possible. - I have 200k in home equity that I could leverage into a max of 140k in a HELOC(approved alread...
I have been frequently adding into my IRA while saving money every month towards my first investment property. I just wanted anyones opinion on if i should continue on my routine or stop putting money into my IRA mont...
I would like to get the expert advice and opinion of the members here on the forum of an idea I have been throwing around in my head for about two months now.
I am 24 years old and will be buying my first home here w...
Hello everyone I’m currently looking at properties to rent in Phoenix/Scottsdale area. Looking to use a DSCR loan and I’m curious of what rates are currently available?
Ok so I have now about 25k sitting in a 401 that I do not contribute for about 6 years. Of course it hasn't had much gain. Do I leave it there and forget about it or do I pull it out,take the hit and invest in real es...