Increasingly I've noticed a trend towards renting your own residence while owning income properties. There are various arguments for both sides. What do you do and why?
I currently own with the intent of holding it a...
Short question: What is the normal spread between primary residence mortgage rates and investment rates? Are there more fees with investment properties vs primary residences?Background: we purchased 2 BRRRR properties...
We've been putting LVT in our one bedroom units as they become vacant. These are long strips that are glued down. Recently had to do an eviction and the move out results are not pretty. This is the first turnover sinc...
This property isn't hitting the 2% rule but it is a little better than 1%. Purchase price $52K Rent $600.
Why can't I make this cash flow positive?
Purchase Price $50K
Closing costs $2K
Down payment $10K
Financed ...
So I am close to closing on my first deal. I am set to close on Aug 15.Here is the problem though. I am currently in a 1 yr lease that ends July 2018. I renewed it a few months ago and this deal on this house just fel...
I'm in need in some perspective, I have three duplex units that I chose to have managed by a company that has been around for a long time. They seems to be very bogged down though, and I feel as though not enough att...
Hi there guys,Thinking in placing an offer for a house with large mold issues. House is remote so my visual inspection will be upon accepted contract. All I've seen is pics and the word from the agent. My plan is to g...
I own a SFR in a popular area of Los Angeles where rents are high and in demand. The property was my primary residence for 7 years until we purchased a larger house in 2012. We kept the property as we were under wat...
Hello, I am buying a 6 unit property. I recently received an LOI from a bank for a commercial loan which states that I have to have a global cash flow ratio of 1.25x and a subject property or borrowing entity cash flo...
I'm curious as to what your biggest mistakes and or real estate horror stories are. We all know of the positive power of real estate and its potential to build real wealth but here I want to know of the worst experien...