I hear so many people asking what the best markets to invest in are. First, my answer is look in your own backyard to make sure that is not a good option. If you say, "thanks, but no thanks," to your home market, then...
At the risk of sounding like a complete rock, here is my question...
What is the formula for figuring out if rental property is worth it? I realize this will vary for different areas, mine is TN if that helps. I've...
New guy here - 34 years old and I've been working as a Mechanical Engineer for 12 years. Plan to continue for another 20-ish. Just now starting to learn about REI and have been trying for a year or so to just look a...
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 am a new investor -- just bought my first single-family rental about six months ago. I would like to transition to multi-family as soon as I can save up enough capital. However, I just had a baby in September, and n...
Hey everyone. First post asking for advice. =) Purchased a duplex for 90K on a land contract in August. About to close on it Friday the 26th and buy out the sellers mortgage with my own. His mortgage was 140, so I wil...
Hi everyone,
Here is my situation:
I studied real estate investing some a few years back so familiar with the terms. I didn't pursue it because of divorce and an unexpected career change. After living with family th...
I'll start here... I have 8 doors. I have been involved in many facets of real estate. I am not a newbie but my portfolio is small and I am eager to grow it fast. I like to stick with 2-4 unit properties so I don't ne...
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 currently have a VA loan with the primary lender being Wells Fargo. I have a town house that I have fixed up and lived in for less than 2 years. My wife and I are trying for another child and need a new house for th...