John Christodoulakis
Rehab 100 year old property
Hello everyone! I am looking into possibly getting a property that is over 100 years old but I have some big question before I do that. Taking a look at the building it seems like nearly all of the windows need to be ...
Tom Smith
Bad idea to buy in Houston (flood areas)? How much can you lose?
Is it bad idea to invest in properties in Houston due to hurricanes and the high chance of flooding? How much would the insurance be? How much can you lose if your home gets flooded? Is the ROI significantly lower and...
Anna Runkle
Cold Feet: Buy Rental Property in Rural Area?
Hi, we'd like your experienced opinion! My husband and I are interested in buying rental properties to augment our retirement income (10 years from retirement). We're new to this, but have been reading and visiting op...
Jo Zhou
How do I buy an umbrella policy if we will be oversea for 1 yr
Hi, EveryoneOur family will be overseas for one year. During the year, our primary home will be for rent. Our cars might be in friend's house or in the storage unit. Our current umbrella policy carrier-Geico will canc...
Sagar Mata
1031 prior to liquidating
Newbie question and completely hypothetical, just trying to wrap my head around how all this works.Say I have a property "A" I bought for $1,000,000 and it appreciated to $2,000,000 after 5 years. Assume used as an in...
Brian Chew
Newbie. Need to know where to start
Do you need 20% down to start in REI? Not sure where to start.
Michael San Roman
And The Winner Is......Jacksonville?
Hey Everyone!As an aspiring out-of-state real estate investor located on Long Island, NY, I have been doing some in-depth market research to identify several healthy investor-friendly markets to begin exploring. My sn...
Jordan Moorhead
$130,000 Profit from first House Hack
Case Study for Houshacking in Minneapolis, Minnesota:Bought a duplex for 3.5% down on an FHA mortgage: $6370Rehab said duplex: roughly $10,000. This consisted of carpet, laminate floors and paint in the lower unit, co...
Account Closed
ISO: Loan Person for Travel Nurse in NC (hit a snag)
Hit the first big snag.Trying to get an FHA loan for fourplex. Underwriter will not check off on it income is travel nurse income. 13 week contracts, same company for last year and never any trouble getting continued ...
Jack B.
Have you raised rents due to property tax increases this year?
Almost each of my properties went up by $100 a month more added to my mortgage payment due to rising property taxes (I pay my insurance and taxes through escrow).As tempted as I am to pass the expense on to my tenants...