Matt Cyr
Potential First Investment
Hello, this is my first post. I am a total newb to the REI game. I'm seeking some sort of opinion on a potential investment property. I realize this is the internet and any advice is to be taken with a grain of sal...
Matt Lopez
Duplex deal metrics!
Hey guys! So im currently about to close on my first ever deal for a owner occupied FHA duplex. Both units are two bed two bath, the bottom unit being the one me and my gf will occupy is brand new everything.. with a ...
Ryan Rogers
Decent Cash Flow and Cash on Cash but negative 50% rule?
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello BP,I am going to put a offer on this property after Thanks Giving weekend. Details:...
Carol Hall
Newbie with finance question
I have been pre-approved for $50K investment property mortgage through Navy Federal Credit Union requiring a 25% down payment, I have $10K in savings account, I have two business credit cards with a total value of $25...
Matt Hrachovy
First time Rental Property Investor Out Of State
Hi All!I'm potentially looking to invest in a home to rent out. I live in California though, and it can be pretty expensive unfortunately. So i'm potentially looking into finding something out-of-state to purchase. Is...
Devon Tronrud
First Duplex in C class neighbourhood
I'm currently looking into a duplex in a c class neighbourhood to buy And hold. It's in good shape but could use some lipstick. It's 135k. I plan to put maybe 5k into small upgrades and rent it out. Here's the numbers...
Jonn Vidal
HOA ripped out kitchen! Owner denies responsible for loss-of-use!
Last Friday, HOA ripped out rental condo's kitchen for repairs between upstairs and belows units; landlord/owner also denies compensating for anything, won't even reimburse for food!
Moved into condo rental fall 2021...
Grey Goodman
Typical Buy Formula in Florida
Hi team. I am currently looking to wholesale/flip in Fl. I am being outbid on all deals as I am offering 70% of ARV less repairs. Do investors in Fl have a different buy formula ie 75%, 80% of ARV? I have encountered ...
Charles Stubblebine
Raising Rent for SFH
For my two SFH I need to raise the rent this June 2023 on both. Mainly to cover the cost of inflation and for the Florida home, the insurance down there is going bonkers and I need to recoup that cost as well. I hones...
Justin Silverio
Negotiating w/ Homeowners
What are you saying to homeowners to get them to sell to you? How do you pitch why they should sell to you even though you are offering them a much lower price than they thought their house was worth? I'm sure some ...