Does anyone have their properties held in a Delaware Statutory Trust (DST)? I would like to consider it but would like to hear from those who have it and can describe their experience of using it as they purchased mo...
I bought my first renal property in March '06. Despite the hot RE market, I found a motivated seller and still got a good deal. I was excited to buy more properties, but didn't find any that would give me an acceptabl...
Hello everyone, I have an investment SFH property in Houston that's bringing me $1600 a month. $5000 annual tax, $300 HOA annually, $1400 insurance, low maintenance fees. $75k equity. mortgage payment $571 but I have ...
I was offered to purchase a single house for 20k. It’s worth about $160k. However the tenants are elderly, desperate and want to live rent free for ten years. Taxes are about $4k. Needs some minor improvements that I ...
You always here the back and forth debate about buying or leasing a car. I personally have never leased but am considering it, given the following details. Car Value ~16kCar Loan ~ 6kEquity: $10kPayment $485/moWould i...
After months of searching, I found a small triplex. Details below. I did walk through the property with a contractor and he did not find anything serious, but I am still considering hiring an inspector.
List ...
New investor here trying to orchestrate my very first deal and need to do a renters analysis. What is the difference between Cash on Cash rate & Cap Rate? All advice much appreciated, thank you in advance
Hello Everyone,
So I recently came across a 9 units complex that is completely rented and grosses $4900 per month. The owner is selling all his properties to retire and this is just one of his now. I have listed th...
Long time listener, first time caller.I bought a SFR as an investment property in 2013. It was a REO foreclosure sale, with a tenant, and needed some work. Long story short, in 2020 my tenant moved out, I did a cash o...
Good Afternoon REI Community,
I'm very close to convincing a friend to dip his toe in REI with his first property. He lives in Collierville, TN, which I gather is a suburb of Memphis. I don't know the area very wel...