Simon Obas
If I don’t have cash flow?
If after all expenses are paid but I don’t have cash flow, is it a bad deal? Looking into buying a triplex for $370k. Looking to house hack for a year then moving out.
Jimmy Kiefer
Can I get a zero down 30yr fixed mortgage?
I am looking at purchasing an up and down duplex with a zero money down and am wondering if I will be able to find a lender that will provide a 30 year fixed mortgage. How realistic are my chances of getting this type...
Thomas De Los Santos
How much Cash Flow to keep
I get vacancy rate, expenses, management fees etc. But how do you know how much to keep for yourself of actual cash flow? I’ve heard just keep it and reinvest, but we are not in this to never have spending $.
Timothee Brzozowski
First Time BRRRR Property Purchase
I recently found a property with my partner. It looks good but I’m wondering what you guys think about it. Don’t take it easy on me. Be honest and blunt.** Property Description **Address: Rapid City, SDType: HouseBeds...
Oye Alle
Exit strategies, is this scenario even possible
Hi I'm a newbie hoping to flip and or wholesale I am an a licensee in VA. I'm wondering what happens when you fail to sell the house within your projected holding period. Now the Hard Money starts to get expensive a...
Dave Holman
Create a Property Management LLC?
I co-own and manage two single family homes in Maine and am buying a multi-unit in 2017 and more down the line. All are in separate LLCs with different investor equity compositions. Should I start a separate property...
Curtis Regan
House Hack - Grand Forks, ND
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $255,000
Cash invested:
- $8,900 Down Payment-$13,000 Repairs-$22,900 Total Cash Invested
Each unit is 3/2 with app...
Dennis Gallof
High Priced Condo Insurance in Miami for STR - Referral?
I'm in the process of getting an HO6 condo insurance policy in Miami at 20% coverage of purchase price and with hurricane/wind coverage, and I'm finding it difficult to get a good premium rate. One company I reached ...
Account Closed
How much in reserves do you have?
Hey everyone! I have some cash to start spending on several more rentals properties but I don't want to overleverage myself. How much is too much leverage for you guys? Do you follow Dave Ramsey's rule of 3-6 months "...
Shawn Hunt
Need help making decision on purchase beach home STR
Please help with inputs. New investor have one STR doing great. Have opportunity to purchase townhome beach house 2 bed/2.5 bath several thousand dollars under asking price. Was told should rent 50k per year I figured...