I recently hired one of my tenants in an apartment to work for me at the apartment complex, doing maintenance work. (He is a close friend - I do not recommend letting tenants work for you).
If he works in exchange fo...
Hey everyone!
I recently inherited a piece of property, single lot in a residential neighborhood, city water, not sure about sewage yet. It's the home I grew up in. Anyhow, the trailer/Frankenstein house built around...
View report*This link comes directly from our calculators, based on information input by the member who posted.I'm trying to get the hang of analyzing deals. Does this look like it makes sense to ever...
Zip 37411 near Brainerd tunnels. 3/2 Apartment. separate living space. 2/1100k purchase Owner finance. ARV 180kRehab costs 35k to 45kRent 1100I’d live in apartment, renters in the main house.
When buying a property, what are some "normal" costs to have to get up front before move in ready? For instance, does one always buy a washer/dryer? Is new paint always a given? Even if a place is supposedly turnkey, ...
Hi Guys -
First real post here. Here goes:
My vacation rental has appreciated very well and is now worth around 400k. I currently owe 170k. My interest rate is 4.5% 30 year.
I want to continue to ...
On commercial property... What are the typical reserve requirements?
I have a great potential first investment property that has not hit the market. I've recently joined a local REI group here in Omaha, Ne. I've gathered a lot of good info from that great group of people, but looking t...
My father was looking to sell his old house (Aurora IL) and be done with it. My suggestion was to gift it to me and let me refinance to pay him (keeping loss for closing costs down). What are your thoughts? Are there ...
Hello! Big fan of the community :)
I am still grasping a lot and have loads of questions. For loans specifically, I've been hearing about about HELOC, FHA and conventional loans.
What's the difference?How should g...