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Hi, my name is Paula and I have been playing with the idea of real estate for a few years now. I have taken some classes, read a few books, listen to podcasts. But have been too chicken to take any action. Meanwhile I...
I recently sent in an LOI for a 12 unit apartment. The property is located in a C- neighborhood with a moderately high crime rate. The current management company allowed a sex offender to live in one of the units. The...
I never intended to become a landlord. Bought house new for 300K in 2006 at the height of the real estate boom. Refinanced in 2012 on a 20 year loan at 4% through HARP. House now worth 240K. I now owe about 160K o...
So I borrowed this format that someone else used to analyze his duplex, and I decided to give a try at analyzing a duplex I found. This is what I came up with.
Duplex 3/1 with 1/1 attachment. They wanted 80k but the...
I have been doing some research and even called a realtor friend. Despite getting answers I don’t have what I feel is a strong feeling to what a cap rate is and how it applies to real estate and analyzing deals.
Before diving into long term cash flow properties, I would like to clarify the finances needed in this economy of high rates. For the first property, I will use my primary home HELOC to purchase it by cash and then re...
Hello,My name is Juan I am located in the suburbs of Philadelphia. I am a young fella always learning about real estate and eventually plan on house hacking as my first true investment. I would love to connect with pe...
Looking at a property semi detached both units under one ownership in Hamilton Ontario, arguably one of the best neighbourhood, both units are currently rented out for $2500 a piece and they each pay own utilities. th...
I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...