I am trying to decide if it is time to sell my 1st (only) SFR Rental. I want to do more deals, but currently I have just been reinvesting everything back into the first to pay down the mortgage. My property has abou...
Great forum, glad I found it.
My question is as follows. The fule of thumb when determing a potentially good rehab deal is to use the 70% of ARV (After Repaired Value) less repairs method. However, can you use th...
We're one of the many people leaving California for good ol' Texas. We're buying a brand new home in the Austin area. Here's the decision I have to make: Do I keep my home in Anaheim, CA, and rent it out? Or do I sell...
One general question... Why is preferred or suggested to form the LLC that owns the RE rental property in the same state where the RE is located?
I was having a discussion the other day with someone who said that Northwest Florida (especially more of the luxury areas around 30a) are more of a "capital appreciation" play and that It's impossible to get good cash...
Whether the interest rates are 3% or 7%, those who are renting are still losing in todays market. I personally believe that all first time home buyers should get into house hacking. Using FHA, paying only 3.5% down wi...
With the CARES act I can take out my 401k with no penalty. I have two rentals already woth &100k equity. My wife and I are teachers and currently remt rather than own a primary. I have $100k in my 401k . Should I ...
Hey guys. I have a dilemma… I own a three family house in newark nj and currently cash flowing about $1800 a month. I owe 280k on it however I just got an offer for 600k. I still have about 25 years on the Mortgage. I...
The property is a 3 unit - store front, 1st floor 1 bed bath, and 2nd floor 2 bed 1 bath -- $1500 monthly income. The owner owns free and clear and willing to carry mortgage. I offered full asking price of 12...
This 2 BR house has been well maintained in the West End of Louisville and the seller is asking for $18,000. Houses on the same street average around $50,000. It will rent for $600 on section 8. Thinking of makin...