I own one rental house. I owe 60k on it and it rents for 675/MO. My husband owns our primary residence. We owe 125k and it is valued at 170k. We applied for a 40K HELOC to finance our next rental under that house. My ...
Hello all,I've been looking for my first rental property for almost a year now and have found one that looks to cash flow about $400 a month. I don't have the capital for the 25% down payment but have a 50k HELOC on m...
Any tips for balancing 18 credit hour classes, 40 hour work week, and managing my investments? Should I wait until I graduate to purchase more units? Hire a property manager?
Our tenants signed a lease together and it time to renew their lease, but they are breaking up. The female wants to continue living in the home and renew her lease. The problem arises with the security deposit. It was...
I am retired with a several rentals and looking to minimize taxes. I was reading a tax saving idea regarding using the equity in a real estate rental instead of withdrawing Retirement Savings. From what I understood, ...
Can you use private lenders for rental use or is that only for flipping?
Hi all! I've been looking for a deal in Portland for quite a while but the lack of options in my price range has led me to look farther out. I found a duplex in Salem on the MLS, put in an offer, and they accepted con...
So what do you do when the appraisal does not come close to value? Am I becoming yet another unrealistic owner :).I have a 39 unit property that I have remodeled and re-rented. It has pros and cons;Pros - Occupancy is...
We were all newbies at one point. I, even I, made some Grand Stupid Mistakes (early on ;-). I wouldn't be able to add up how much "Stupid Tax" I paid getting my real estate investing career underway. Granted, we all s...
I am not sure what to do looking for advice. I bought a house December 31, 2018 from a realtor in Indiana. The house was rehabbed and put back on the market with the same realtor on May 24, 2019. The house was shown 5...