I'm a first time investor running the numbers on a triplex in central MA. 200k purchase price, 20% down payment and 5% mortgage. 3 units all rented at 1000 per month with assumed vacancy rate of 25%. Turnkey propert...
I am curious to see if the flippers here think it is worth it to make sure everything is done right to avoid wasting time negotiating credits in escrow or if you think you should do what you can to limit expenses?
Th...
Hello!I'm getting ready to close on my first SFH at the end of the month. I want to make sure I've got my ducks in a row but I'm sure there's something I'm missing. The good news is I've already got a 12 mth lease sig...
A short history of me...
I became seriously interested in REI two years ago when a co-worker was telling me about his adventures in REI. He shared this community with me, and kept telling me his stories and showing ...
We are interested in self directed 401K information and we have questions about cashing out a pension or rolling it over. Has anyone dealt with a custodial account in the Seattle area? We would like to find someone th...
I am set to close next week on my first duplex property in San Diego! The unit I will occupy will be vacant at close. The other unit has tenants that have been in place for 3 years, paying market rents and on a mont...
Good Afternoon BP!I am working on getting started in REI, I have been particularly interested in the Baltimore area for my first property. Could anyone help me get started on what is the best way to get started. Also ...
I recently came across a Twitter post in which the individual was looking to purchase a home in Florida in the present market in anticipation of moving there several years down the road and thinking the local FL marke...
I've been trying to decide where to buy property, and am coincidentally moving to the Chicagoland area soon.I know that Chicago in particular has some problems. High debt, corruption, and is losing population. Also th...
I recently watch a youtube video by Kris Krohn about rentals vs lease option (rent 2 own). Some things he mentioned where lease options are better than rentals.- charge higher monthly rent - tenants tend to trash the ...