Angela Jossy
BRRRR strategy failing!
I've been working on the BRRRR strategy. I bought my first property, a duplex, and started househacking. I rented the larger 2 bd unit for $1200 to a family member. I remodeled part of the unfinished basement and tur...
Carl A.
Large dental tenant demanding 90 days abatement
Hi allI have a commercial rental with a large national dental tenant (they have about 200 clinics nationally). They sent a letter out that is summarized as follows: Due to the forced shutdown, we will not pay rent f...
Tracie Van
Need help with Quickbooks desktop - Willing to pay!
I switched from QB online to desktop because I could not justify the pricing any more. I am running into a few issues.I have two tenants who pay rent three months at a time. I am stuck on how to apply the existing cre...
Matthew John
Question About BRRRR
Hey guys - I'm in the process of finding my first deal & confused a bit by the numbers. Let's use this example....I buy a house for 140k that needs about 10k worth of work. I spend 150k total. My monthly mortgage ...
Greg Hammond
Should I sell my home or keep it as a rental?
Background: Bought 3 bed 2 bath 1900 sq ft primary residence home outside of Sacramento in 2019 for $540K. I used the VA mortgage loan with 0% down (no PMI) and currently have a 30 year mortgage rate at 2.25%. I wil...
Account Closed
FHA Loan
I just heard about the 3.5% FHA loan and it sounds pretty appealing. I'm kind of hesitant about low money down tactics though. Does anyone know of good resources that explain some of the pros and cons of an FHA loan v...
Brad Uhlig
Finding seller financing deals
Anyone willing to share a script and/or letter you've used to approach owners to seller finance your purchase of their property? I just bought a property with seller financing that fell into my lap. Was a win-win fo...
Warren Currier
Higher interest rates tend to put pressure on house prices:
As most people borrow money to buy property higher rates mean buyers can’t pay as much, so real estate prices fall across the board.In very simple terms, if a rental property can support a mortgage payment of $3,000 p...
Tyler Lingle
Does house hacking still work?
Right now, I'm pending a duplex for a client: 3241 N College Ave. I cannot reveal the contracted price as that's not allowed but asking price was $410,000. Mortgage is around $2500 when you factor in taxes / insurance...
Oscar Macal
First flip. Exit strategy?
Hi guys,I currently have my first flip on the market to sell that I bought a couple months ago. However, I have a question and hoping someone can help.I unfortunately am not going to make much, if any, money on this h...