My wife and I are just about to pull the trigger on our first BRRRR. I'm hesitant to use comps from this summer, however, to calculate ARV as that timeframe represents a different landscape in the home buying market....
Hi all.My parents are looking to purchase a 4 unit near their primary residence. 3 of the units are rented and one is vacant. The tenants have the right to stay until their lease ends correct? At which point rent woul...
I have a townhouse in Littleton, CO that I co-own with my ex-wife. She will be wanting to move and sell. I am thinking of refinancing and buying her out and holding the property as a rental. I have used the rental ...
Hi,Been trying to learn as much as I can and run numbers and wanted help of some folks with local experience. Have been looking in Fayette, Coweta, Henry and Fulton counties and have found a couple deals that to me se...
Just out of curiosity, how would you value a vacant or nearly vacant property?Drove by a large property today that was for sale but it looked like it could possible be vacant or nearly vacant.Would you still use the N...
Hi,I'm completely new to this REI. I regret not investing in 2012 when prices were rock bottom. Anyhow planning to do my first REI so we can rent it. Our current primary home is already paid off.Questions:1) If we hav...
I am looking into buying my first out of state rental property, I am looking to buy it in cash through a LOC that I have on another property of mine then use the delayed financing exemption to refinance into a convent...
Recently get a triplex and the city said it will cost 10k to add two water meters. Even at $100/month for water that would take me 8.3years to break even. Is it worth it or am I missing something?
I have about 700k to invest in real estate, and I’d love to start with turnkey rental properties (preferably multi-family). I am new to the world of RE, but I know the stock market very well. I live within 2 hours of ...
I want this to be completely transparent for accuracy. I have not calculated my expenses yet but my W2 reported income was $73,380. I grossed approximately $13,000 this year on the rental properties. I understand that...