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Hey all. I want to see if I can get a pulse on what you guys think about the market right now in Utah. Everyone says 'we are at a peak in the market' & 'there are few deals to be had'.I am able to purchase 2-3 hom...
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Evening All,I want to run a potential property purchase by you to make sure I am working this in the correct procedure in buying a note directly from a bank.I found a house recently in the neighborhood buried in the t...
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So my wife and I are reaching our saving's goal for our first STR investment property. We have around $25k saved up for initial money, and will soon have over $12k for emergency funds.How are you dealing with fears (i...
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I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
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I'm in process of buying my 2nd property as my maine residence. Thinking to rent my 1st property. Just numbers don't really add up. So:
1) 1200$ mortgage payment
2 ) extra 100$ a month cause we are loosing homeste...
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Hey everybody,
I'm facing a new situation. A neighbor's tree fell in July of last year into the back yard of my out-of-state rental property, damaging a small section of chainlink fence. My property manager at the ...
Hey everybodyI just need to vent for a minute...I’m a total newbie trying to rent my first apartment and I unfortunately have learned some very valuable lessons right out of the gate. Basically I showed the apartment...
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Just wanted to drop a little bit of encouragement in here. I am currently stationed in Okinawa (have been for 5 yrs now) and just closed on my first property. It is a Quadplex in Decatur, GA and should cashflow abou...
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Hi all, been scouting the forums for a while and decided to ask a question myself.Wife and I purchased our first (primary) home Jan 2021 in Los Angeles with interest rate of 2.6%. We're mentally ready to purchase anot...
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I moved this post over from the Buying and Selling forum. Appreciate your feedback. Hopefully, you can learn from me and share insight. Thank you.
This is the initial email from my broker. I live in California. The p...