Hello everyone, I just wanted to share my numbers on the duplex I'm buying and ask a little advice about separating OIL HEAT. Purchase price: 158K 20% Down Conventional Financing @ 4% I have my PITI at ...
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Above is the 10 year chart for publically traded Reit OHI. I mention publically traded as these are highly regulated to protect investors mostly. Private Reits are another subject and have many disadvantages as compar...
So I just took a home equity loan on my primary to finance an investment. Paid cash for house which is a sf. I would like to start using a heloc but as I’ve read those are a little harder to find. Would it be smart to...
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We’re currently considering adding an addendum to the lease where we reduce the lease amount in exchange for our tenant mowing the lawn and shoveling the snow in the winter. Can anybody share advice, templates or reso...
I have a second floor rental unit with a balcony in an old three-flat. The wall of the balcony is about 24 inches high, quite low compared to new construction. Is this a big liability for me? Property is located in Ch...
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Hi Everyone,I am thinking about doing a 1031 exchange by selling one of my current properties and using the funds to buy a different property. I needed some clarity on a potential scenario... My property that I'm sell...
Doing my first property. The attached is a BRRR analysis using 2 loans (buy and refi). I notice that the cash flow is neg but we are buying this place in hopes of holding it for appreciation and our future use in re...
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Hey guys I need some advice. I have a guy looking to sell me 2.65 acres in Hagerstown, MD for $500k. The land comes with a run down 3 bed / 2 bath house with about 1,800 in sqft. I’m a rookie when it comes to investin...
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I want to make my primary home into a rental and buy another primary and start investing in that way How long do I have my renters sign a lease for minimum and maximum Thank you