Hello everyone!
I have 0 properties yet and I'm at my starting point. Any advice is great advice and I appreciate it. I'm debating whether I want to do long term rental of multifamily or short term rentals for airbnb...
TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
Hi everyone, My husband and I purchased a very distressed home last year to fix and flip. We are now 10 months in and ready to sell we purchased for 188k put in 110k and it can be sold for 429k. It can be rented for...
Title says it all. The additional details are that the top tenant has been there for 4 years and the bottom tenant has only lived there since August. I was wanting to raise the rent $50-$75 for the top unit (3 be...
Hi everyone
So I close on a property this Friday (yay!) and was thinking today about ways to refinance it. I will be paying cash. I have talked to a few banks and I have a few options:
1. Identify next property and ...
I am curious as to wether you guys agree with the idea that an RE investor should only take on investments in which he/she will make their money going in. IE buying RE considerably under market value. Of course this i...
I want to hear from investors who only purchase turnkey/out of state properties. Id love to hear your success/failure stories. I love the idea and concept of out of state, turnkey, but I feel that the low cash flow do...
Hi y'all. I'm about to leave my W2 position and basically be a full time professional real estate investor. I am super sold on the benefits of rolling over my 401k into a Solo 401k and then buying rentals with it.
My...
Right now, I'm pending a duplex for a client: 3241 N College Ave. I cannot reveal the contracted price as that's not allowed but asking price was $410,000. Mortgage is around $2500 when you factor in taxes / insurance...
I have invested in rental properties since 1986. These have mostly been single family houses. And they have done very well for me. These are not grand slam investments but solid line drive base hits over time. They ha...