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So seasoning period is up and I'm refinancing at the end of the month. Appraisal came back and it's about 3-5k lower than expected. This could be the difference between paying something at closing or not having to. Lo...
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Hi,I’m looking for a Duplex or a Triplex in LA as my first investment. I would live in one of the apartments and then rent out the other one(s). How does one go about it? What would a “good” deal look like? Is it even...
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Hey everyone!I am a senior mechanical engineering student in the North Jersey/New York City area and am a complete newbie in the real estate investing world. I began learning about personal finance and investing at th...
I have been thinking about this for a while. Please keep in mind that I am NOT thinking about doing this but am just curious as to how this is enforced. If I have 100K in my SDIRA, bought a property for 90K, paid 10K ...
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If your not using a property manager, how do you prefer to receive your rents? Do you give your primary residence address or do you use a P.O. Box?
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Looking for opinions: how much positive cash flow should you make monthly off a rental property. To me $200 really isn't worth the hassle, but when you get up to around $300 that would make it worth it. My bottom l...
My DH and I bought property 2 years ago in an area that had been subdivided at that time to sell. There area was divided into 5 lots, of which 4 sold right away. This property is on a 10 acre lake. There was also ...
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There have been some other posts regarding this deal in the multifamily forum, but I thought I'd post a summary here as well.
I started looking into REI one year ago, and was overwhelmed by all the strategies. I read...
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Property AThere is a house for sale in town for $120K. Built 1921. It is 1900 sq ft with 1 and 3/4 baths. It has a basement but the concrete is in bad shape, it would cost $100K to fix it right. I believe it is s...
Hi,I've been looking at some multifamily deals on market recently. I understand that cap rate is a good way to determine if its a good deal. My question is if the investor was looking to buy out the current tenants, d...