Bought a triplex for $179k in May 2017 with 3 inherited tenants who paid monthly and were pleasant. Mortgage + insurance is $1100. Gross Income has been $2,075.Now I suddenly have two units vacant. Unit C is a one be...
We have a mortgage of $280,000 at 6.5%. I have the cash to pay off the house right now, and still would have about $40k left as an emergency fund.Should I pay off the house, invest 50% and only pay off $140k of it, or...
Hey everyone, I'm a fairly green buy and hold investor in Raleigh, NC with two deals done now (long term buy and holds, single family residences, very basic), and I'm looking to keep building my portfolio in the next ...
I wanted to share my recent rental experience and seek some advice on how to handle the situation. Normally, I handle the leasing of my properties myself, but this time, as I am in the process of buying a new home and...
I have a question for new investors out there.What's stopping you from teaming up with each other or more seasoned investors to do JV deals? JV investing can help you to learn the business and to increase the size of ...
Hi everyone, one of my main search criteria i have to find my first few triplex in Providence or close by is - buy with a 10 to 20% built in equity (off market), my question is;is this reasonable for providence? Can i...
Hey hey hey,
This forum has been an absolute blessing to my growth in the Real Estate game. Kudos to everyone who actively participates in this community, your efforts will be rewarded.
With that said, I'm back with...
Hello all, I have a single family property that I've been renting out for some time and I am thinking it is about time to sell so I can roll this into maybe a smaller multi-family property or multiple single family pr...
I quit my full time job seven months ago to start a business with a financial partner flipping houses. It's been a slow start getting systems in place starting out but are currently about complete with our third proje...
I am surprised at how many LL seemingly do not collect First, Last and security deposit at move in. I thought everybody did? Security Deposit for us is equal to one month's rent. What's y'alls practice on this?Thanks ...