Tenants moved out of our first investment house in DFW, which we're selling for a few reasons. The left it dirty and battered. We wanted to turn it over as quickly as we could to reduce holding costs, yet we both ...
Hi all.I am thinking of selling a few properties in 2016. I would prefer to do a 1031 exchange on them to avoid paying the tax, but most markets in the US seem overbought right now (both SFH and multi-family). I am a ...
I'm considering purchasing a government owned apartment complex that is totally vacant with 50 units. I can buy the property for next to nothing as long as I agree to rehab it, which I'm estimating will cost between 1...
Hey guys,
This past weekend we got our what would be third cabin under contract in the Smokies. Unfortunately rates went crazy on Monday before our rate was locked and now were looking at 6.5% and 3 points. This ha...
I would like to know how many people here are living off rental income. The ability to quit your 9 to 5 job and manage properties sounds interesting! If you're doing this, please include how many rentals you current...
Hey guys, Here is my dilemma, I bought this house for $100k. I’ve spent right around $30k in it. My realtor is telling me to list for $189,900. Good profit. That was my goal. But, the more that I listen to podcasts...
What are the quickest ways to learn? I am thinking of the coaching route. What is the typical cost for this approach?
Do you recommend it?
Hello,
I could really use some help analyzing my first rental property. I financed this particular house - newly built in 2013 - as my residence using a VA Loan, (no money down) for 168,000. The home is loc...
I created this thread from questions and answers via PM from another BP member to me and thought it was good stuff for all to read, so here it goes:
This first question stems from another post which can be found here...
Hi everyone, I wanted to get your thoughts on house hacking in an expensive market (Chicago) where it isn’t easy to live for free. Please let me know your thoughts between the two options:1) Buy a smaller duplex with ...