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I have the chance to buy 3 multi unit properties owned by a seller who wants to retire. The seller is willing to do seller financing with the following terms:35% Down, 7% Interest, 7 Year BalloonThe asking price and r...
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I’m looking into investing in primarily buy and hold opportunities out of state. I live in a very competitive Washington state marketplace and am now looking elsewhere. Where would recommend searching? I’m looking at ...
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I wanted to give out some advice on appliances as an investor (I have over 100 units) who also happens to own an appliance store with repair techs. Last year we did over 10,000 repairs.
I’ve seen a few posts taking a...
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Hi y'all - I've got a question for ya!I recently got a lead who claims that he is the last person on the deed to his grandmothers home. However, no paperwork was ever filed before or after her death (property is title...
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Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
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Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
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It seems like every YouTube video, Podcast episode, Facebook group teaches about first part of "subject to", but I'm left with so many questions. I'm not understanding the "after transactions" of subject to. You take ...
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From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...
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Little help here as I am torn on what to do. I'm 27, owned my current home for 3 years ($200k equity conservately) and just closed on a nearby investment home.
The home was offmarket/by owner and I purchased it fo...
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Hello,37yoM living in LCOL area Midwest. I'm a PA and wife is an OTA. Current income is around 450k on W2s. I max out 403B. Going to begin maxing Backdoor Roth this year. Hold some VTSAX. Homeowner. Looking to begin d...