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Quick and to the point!
I purchased my home last june with cash, a foreclosure for 54k its worth about 180k. I have one rental property with a mortgage that breaks even and only about 6k equity, I have a guest house...
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Has anyone else found multi-family appraisals in your area to be essentially worthless? I know the banks require them but I have found them to be wholly lacking in credibility. We have under contract a 48 unit that...
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I’ve partnered with an owner of quite a few properties in Bloomington and Decatur. Together him and I own a 32 unit just outside Decatur, and it’s doing well. I have a few more units in Urbana that do ok, but not kill...
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Many of us choose a market and focus on a relatively small area like a laser. What are the significant attributes that you have considered which makes your market a winner going forward.
How do these attributes play...
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Warren Buffett when asked about his time horizon for investments. He answered with "Our favorite stock holding period is forever.” That got me wondering about real estate as I know folks in the boomer generation that ...
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Hey there, I’ve recently come across this concept and after doing light research I cant seem to find anything wrong with this personal finance system thus far. I got a quote to see what the cash value is year 1 and it...
Vice President Harris is expected to announce her plans at a rally on Friday. According to Forbes, it will focus on creating more affordable housing. Some of the finer points that I can see are $25,000 in down payment...
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I have been looking around at multi-family investment properties in gentrifying areas of Los Angeles. I received the email below which is representative of feedback I've received from many brokers in this area. Are RE...
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Sooo I have three houses that are all former primary residences that are now rentals. None of the homes were bought with the intention to rent them out, so the sale price and mortgages weren't optimized to be rentals....
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I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...