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Property: $145k - Duplex (50% occupancy right now) (Zillow)Rent: Found the ad for unoccupied rental at $550/unit so expected income of $1100 per month (Link to Ad)Costs: Estimated from FHA scenario (at asking price, c...
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I'm a new-comer from Australia, working in China with my Mexican wife. We want to buy our first property in the US with cash, using it strictly for cashflow.Our budget is between 150-200k. What cities would generally ...
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I spent some time looking through the forums for ideas/recommendations for how to setup my quicken register to track rentals. I see most people recommend QuickBooks or some other package. I am currently tracking ...
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I own only one rental property which was used with a VA Loan But got married and had to move out of state and I’m now renting that home. I’ve read a bunch of Real Estate books saying how important it is to have a busi...
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I am planning on partnering with my sister who has asked about buying a college rental property for her son. How would you recommend structuring something like that? He would be house hacking it for us so we could d...
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Salutations from Chicago's lovely northwest Logan Square-Bucktown-Humboldt Park neighborhood. I'm entirely new to the real estate world, but like many of you, have been digging through the podcasts and am eager to jum...
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Hey all,First post here. I just bought a Lake House in Maine this past summer. Got a very good off market deal and have quite a bit of equity ($250k+) in it. I bought under a secondary mortgage (don’t have a primary m...
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Hey guys I'm looking to buy a 2nd property in the L.A area and I want to know what the better strategy would be: 1. sell my primary residence and buy a duplex so I can do a house hack OR 2. do a cash out refinance to ...
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I am considering moving out of state in the next year or so, and wanted to get some opinions on either selling my current house, or turning it into a long term rental. I don't own any rental property so this is all ne...
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I just bought a house in my name that I intend to rent out. I paid $46K for it and closed on 14 Nov. It needs around $35K in repairs, and those repairs are ongoing now and should be finished by 25 Dec. I would like to...