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Hello All, I am evaluating a property at 140K for a rental. The rent is 1200 per month.I inputted all the values in rental calc and found negative amount in 50% rule. What is expected amount in 50% rule? Wha...
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hi everyone so sorry i don't have a pic posted yet but i will soon.so i am 26 years old and newly married as of may 20 (yippie) . we are currently renting a 4 bedroom house for $700 a month paying no utilities and we...
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$ 289,788 Mortgage Balance$ -31,627 Est. EquityComps:$180K$216K$270K$176K$145K = 987K divided by 5 = 197.4 (ARV).65% x ARV = 128.31128.31 - Repairs (25K) = 103.31103.31 - Profit (10K) = 93.31 (Offer for seller)I’m new...
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I recently purchased my first real estate investment property through a Tax foreclosure auction for approximately $70k. I used just about all of my savings to do so considering this has been my dream my initial plan w...
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TLDR: Fix & Flip (see BP report link View report). $725k (single family home; on MLS @ 1mil). I need $210 for closing. I’m using $100k of my own cash toward the total closing costs of $210k. For the remaining...
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I am refinancing my house and will sign papers in October so I won't be required to make 2 months of payments. Should I save that money and put it towards other investments or should I put that money towards paying do...
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I recently posted an article about protecting assets and figured I can share it here as well. Below is the article. Enjoy!
Investing in rental properties has tax and wealth building advantages. Like any other busines...
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I manage all my own properties and screen all my own tenants. In the last year, I have had 5 prospective tenants, all between 34-67 years old who have NO credit history. Is this a scam of some sort? Their names and...
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My question is. Should I pay cash for my investment properties ($200k) or should I finance multiple doors and stretch my $200k into the selected properties only putting enough down on each property to make it cash flo...
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I am learning a lot on my 1st Investment property!I initially purchased it as a 2/1 single family needed a complete gut job, using a HELOC from my primary residence with the enough left over to do a budget conscious r...