I need advice badly. My husband passed away so my W2 income is now half what it was. I have 2 single family rentals and a duplex. Plus my personal home. We never started an LLC. I spoke to Wells fargo about cash out...
Please advise , on duplex
Asking price 90k
2 units currently rent for 775= 1550
Tenants pay all utilities
Annual taxes 2000
Homeowners insurance is 150 a mouth
This Duplex is in metro Detroit
This is my first...
My first post to BP. Posted the same to Reddit but think there might be some different opinions here.I've currently got an IRA with Betterment that has around 180K. I've been looking at RE Investing as an option to g...
Real estate gurus teach: Only buy rental properties based on actuals (actual net operating income) not based on pro-forma (or projected net operating income).Although it sounds good and reasonable, after doing this si...
I am considering renting out my primary residence. It was a VA loan and at the end of October I will have been here one year. Which means I can move out and rent. I have a friend who owns multiple properties and rents...
Hi All,I am a general contractor in central mass who also has done some flips for realtors and myself. I have been looking for an off market deal for an investment property and have found one. It is a small single fam...
I'm currently talking to the owner of 3 adjacent properties in Mountain View, CA (old multifamily) who is waiting for the city to approve a permit to construct a 15 unit apartment complex on the 3 lots. The owner howe...
I'm interested in learning more information about investment properties near Walt Disney World... specifically Windsor Hills Resort and/or Similar Resorts in close proximity to Walt Disney World. There are A LOT o...
I am invested in the single family space but looking to expand into 5+ unit properties. My questions are around the loan terms. Here’s an example of a property I’m looking at: $600K list price with 6 units. With comme...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $710,000
Cash invested: $210,000
Bought this house in July 2021 as our retirement home, 7 years from now. But we de...