Have you ever given a tenants deposit back too early and then discovered damages upon further review? What were they and why did you miss them? Also did you send them a bill?
Hey y'all, I am considering buying out of state in a market that has state income taxes. I live in Texas where we do not have state income taxes. In this case, how does that work? It is my understanding that profit ma...
There is a lot that goes into flipping and selling a property. Not only do you have to acquire it at a price that works for you but also, you need to put the right amount of work into it. There are many investors who...
I'm curious what other investors are doing while banking or investing cash flows while saving for next down payment or all cash purchase. Care to share?For my part, saving over a 3-5 year period before my next RE purc...
Hi all - I am a new real estate investor looking to purchase my 1st investment property. I recently came across the following listing (https://www.trulia.com/p/nj/mo...) and wanted to get your initial thoughts / minds...
What I'm trying to determine is the return on my money for having put it into a building, held the building, then sold it. The question I'm trying to answer is, "How did I do vs. having put my financial advisor handle...
Within 2 years I acquired 4 single houses out of state properties via turnkey company. I sum up all my 4 rental income minus the mortgage, escrow and PM fee and end up with 1060 cash (1060/4= 265$ each property month...
Recently I was unable to purchase a house ( for rental ) in the Dallas/Fort Worth area of Texas. Price was $85,000. I went through a couple mortgage brokers and a regional bank in California were I reside.
Debt to inc...
Hi, I am new to investing and I am looking for my second deal. There is a duplex for sale that is actually a 15 minute walk from my house. Great school district, fast growing area, pleasant middle class neighborhood. ...
Condo: 100k. With a 20% downpayment of 20k. Ill have a loan for 80k. Closing cost of $3000Cash invested: $23,000Rent: $1500/mo or $18,000 yearMortgage $500/mo. Or $6000/year.Vacancy rate at 5%. $900/year. HOA fees are...