Wendell De Guzman
If you can invent a time machine - what will you tell your younger self so you won't make that BIG real estate mistake
OK...this is NOT just because I am a sucker for time travel stories BUT...this forum thread will hopefully HELP both beginner and experienced investors alike. How? By openly sharing the mistakes that each of us have m...
Robert Jimenez
Should I keep my house as a rental property?
My wife and I have decided to move to a different city nearby so my daughter can attend a better school district. I'm considering keeping our current house as a rental investment. I already have a duplex that I bought...
Mike Sheppard
401k Question - To pull money out, or leave it
Hello everyone. I am new to investing and getting very close to finally getting my feet wet. Over the last couple of years my mindset has turned 180 degrees and I now look for investments rather than higher paying mor...
Wes Shive
Buy & Hold - If you could invest anywhere in the US?
First off, Happy Friday!This question has been asked before, but let me clarify and put some parameters around it:"Where would you invest for long-term buy and hold (5-10 years) if you could go anywhere in the US, ass...
Mary Joe
so WHY real estate after all?
This post is not about creative real estate deals. I am the conventional "BUY HOLD RENT IT OUT" long term investor.
I am terrified after reading the PROFESSIONAL TENANT FROM HELL sticky post. And on top of that, t...
J. Martin
Super Smart?..or Super Sucker?..Riding a Great Market Cycle?: 1-Cycle Investors, Leveraging RE, & Feeling (Too?) Good?
“You can only tell who is swimming naked after the tide goes out.” Are newer investors as smart we think we are? Or are we just riding an amazing market off a bottom? This post is to get: 1) The honest truth from inv...
Paul Spangler
Can someone confirm the 85% gross rent rule for FHA loans?
I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...
Will B.
Miami Gardens - Lessons Learned on single family Flip
A lot of this may be obvious to some of the readers, but I’m going to mention it anyway.I own other property in New York and Miami and incorrectly thought that this qualified me to do a flip. Initially, I had thought...
Account Closed
Buy SFH/MFH in Colorado, or look out of state?
This is my first post, finally! I'm very impressed by this community and look forward to connecting with people. The information is overwhelming so I'm hoping for some early guidance. I would like to start my investme...
Brian J Allen
Fannie Mae 5% Down Multifamily Loan: A Double-Edged Sword
In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...