Hello. I plan to buy my first rental and received a pre-approval from a mortgage broker for a loan of 6.068%. I understand that the interest rate is higher when you buy an investment property, but I have really good c...
It seems to me that if you find the right combination of rental income (1%+ monthly) / cash paid, it's very hard not to make money.
Example: an $80,000 property, 25% down at 4.5%, and rented at $900/month.
You inve...
Are longer leases a good option to consider? If I was considering a 2 or 3 year lease. And maybe offer no increase during that period or maybe a small increase below market rates. Is that a thing? Any disadvantages in...
Anyone have of know of 100+ door portfolios comprised primarily of single family houses? Seems like most of the ones close to and beyond that size I find posts/podcasts on are always made up of multi family. I have a ...
Just wanted to ask a question regarding rent increases. I have 2 buy and hold properties. My wife and I bought our 1st rental in 2010 and 2nd in 2014. We have always been of the mindset of keeping the property up to d...
Hello,
I am a beginner investor. Me and my business partner purchased a SFH in Tampa, FL using a Joint Venture agreement. The original plan was to flip. Now after some additional research we decided to keep the prop...
Hi Friends, Happy Holidays.
Context: In early 2022 I bought a triplex in Connecticut for $220,000 (25% DP on a 30yr mortgage @5.85%) and over the last ~two years i've put in about 60k worth of work (~110k all in). T...
Hi everyone,
I am in the process of digging into the Charlotte, NC region for a buy and hold investment property, and I'm looking for someone to help point me in the right direction.
For some context, I will likel...
My husband and I just purchased our first rental property. We got a really good deal and we think at the end of it we will have about $80,000 in it total and the ARV will be about $130,000. The only problem is the ref...
Hello all,
I am trying to analyze a deal for a potential "subject to" and wrap mortgage using owner financing and wanted to see if anyone could provide some assistance or recommendations based on the numbers....