I am currently in a very high interest hard money mortgage that balloons in September 2025. Our house is assessed at 415000 and the mortgage is 269000 and not declining because everything goes to interest, taxes, and ...
Hi All,Johnathan from Texas here. Starting a new post that I hope would gain some traction here as I haven't seen anything posted on the topic in a while (unless I overlooked).After doing some research, it seems that ...
Got a question for the commercial RE BPers in here. I've got a potential opportunity to evaluate an off market deal to purchase a commercial retail property that has a restaurant tenant (focus on regional/national cr...
Has anyone bought a 2/1 and added an extra bedroom to increase rents? I know every market is different, but in general is it worth the extra investment to bring higher rent amounts? Any Denver peeps have experience wi...
SFR rental in Santa Rosa, CA is projected to be $916 monthly negative. Rental income is $2400/mo. Operating expenses $1571/mo. Current mortgage payment is $1745/mo. Expenses include $240/mo paid to one partner for PM...
I closed on a property in Warren, MI on Oct 20 and I quickly found out through my property manager that the house is in a horrible area and won't fetch enough rent to cash flow. I was too giddy to get another property...
I live in a college town, where both rents and property values on rental properties are stable and relatively attractive. It seems like it should be a great place to own rental property. But when I run the numbers ...
There are positives and negatives of both systemsValue Add Positives:1. Cheaper acquisition price2. Greater ability to force appreciation.3. You get to pick the maintenance that you do, and you know what major mechani...
We are looking to buy our first rental. We are starting very small (with a condo) as we both have separate careers. We also unfortunately can't run around to find "the deal of the century" where we would make tons of...
Not sure this is the right place for this post but here it is anyways. I now have 4 SFH that i rent out and feel like its time to start thinking about some liability protection. I've started an LLC but still carry the...