Hello!I recently started researching the Spokane area and was hoping that some more experienced & intelligent investors than I, could help provide some insight. I am looking to buy a single family or small multi-...
Hi, I'm looking to buy a rental property in Long Beach. We plan to live in it for 1-2 years then rent it out. I am not familiar with the area in terms of neighborhoods and was hoping to get some insight into which are...
Howdy!I am currently out shopping for lenders to purchase my first rental property (looking to house hacking in a multifamily) in the Houston area. I have been researching on loan types that fit my financial state and...
I've have had a rental property in Georgia for a while and we are pretty happy with it. $50k paid cash returning $700/month and has already gone up in value due to it being in an area with some good developments. I'm ...
Good Morning All!!I hope everybody has a wonderful Memorial Day Weekend. OK . A peer of mine has a rental property in his self-directed IRA. He want to sell it / I would like to buy it. His IRA will hold the note....
We are making an offer on a lender owned property that will need 15-20k in repairs. We are planning on doing most of the work ourselves. We are bidding 10K below sales price (it has been on the market for many month...
My wife and I want to buy our 1st rental property. We are currently looking into a duplex that we could buy for $40,000. We can get a 6.5% for 15 years ($314/mo for P+I) or a 7% for 30 years ($240/mo).
My wife and ...
I have found what I think is a pretty good property. It's in the suburbs - two buildings (next to each other) with 4 rentals in total.
Long-term tenants with total rent = $3050/month
Asking Price: $272,000...
What do you look for when buying a rental property?Location?good cash on cash return? good positive cash flow? anything else??
About 2.5 years ago I purchased my first home and took advantage of the first time home buyer tax credit. The terms of the tax credit required that I live in the house as my primary residence for a period of 3 years....