So after reading about snowballing to payoff mortgages, Im curious if you would in my situation. I have 7 paid off rental properties grossing me $4800/mo. I have my main residence with $200k and 10 years left and a va...
Hi all!I'm an Austin investor looking to possibly purchase a short-term rental on Lake LBJ and was wondering if anyone else has a vacation home there or in Lago Vista or the neighboring areas. I currently own 2 long-t...
I've been actively looking for my first rental property in the Cleveland area for the past few months, primarily I was focusing my search on duplexes, tris, and quads. I've recently been looking into small mixed-use c...
I am trying to buy a commercial office space that' 100% occupied. The NOI is $34k (I verified it to be true, with a more seasoned investor). I am trying to buy it for a cap rate of 4.8%. The local commercial bank said...
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
I'm looking to potentially write an article on vacation rentals and would love to talk with some folks about their experiences with vacation rentals. If this is you, jump in this thread and let us know a brief version...
Hello fellow real estate investors! My name is Curtis and I am currently researching how to enter into real estate investing. I have $70,000 to use for a down payment however, I cannot decide whether to split that up ...
Economic Update(Monday, January 11, 2021)
We all have our New Year’s resolutions. Most likely your goal is to tackle that extra weight, run that extra m...
I am looking to close on my first rental duplex in the austin area. Its slightly under the 1% (0.84%) rule from a rental income POV however one of the units has a long term disabled tenant and is in pretty bad shape. ...
We are looking at deals in the declining area with very good cash flow. By declining I mean the population has been going down for the last couple of decades. Do you think it's a good idea to invest in this kind of a...