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Hi all, I really like the forum, podcast and blog. I've been trying to learn as much as I can all over the web but this place seems to be the best and biggest. I'm looking to buy my first home as a rental property and...
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I have held a triplex in Berkeley since 2002. It was the third property I purchased. It has about $2 million equity and a $550K principal balance. It is like a very extended BRRRR. I am finally ready for the refin...
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I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
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Rookie investor here.. just bought my first rental property a few months ago but impossible to buy the second one- even with interest rates over 7% here, every property I make an offer on has 7-10 competing offers wit...
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Hello all, I've come across a duplex that needs a bit if work for around $50,000. 6 bed 3 bath. I'm researching the area to see about the neighborhood and also what places go for in that area. I would stay in this pla...
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Hey everyone. A little about myself, I'm 31, a plumber by trade and have recently moved to the US with my wife so she can be with her family. I have completed a number of real estate transactions over the last 10 year...
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I live just outside of Washington DC where I would say the average home price is about $475,000. Based on the going rate for rents, for $475,000 house I probably won't be able to get more than $2800 in rental income f...
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First time poster, long time reader. I find the information here amazing. I am completely new to this business, but feel I have studied a good amount about real estate investing.
A friend of mine has been doing real ...
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Has anyone used this formula before and how does it work?
Have problem with having offers being except with the tradition rehab formula of 65 70 % of ARV.
Any other ideas welcome
Thank you
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Hey everyone, I have a question about a duplex I'm looking at for a 1031 exchange. I have a house I'm flipping now, and will have about 55k into it, hopefully selling for 110-120k. I would really like to not pay taxes...