my wife and i are planning our next home. we purchased our first home for 215k about 5 years ago. we put down 20% and we have a mortgage balance now of 159k. our rate was 4.2 five years ago. we have a child now...
Hi all,I've got a deal on the line in Brockville, Ontario, (near Ottawa). It's a mixed use, 2 commercial units (storefront), 5 apartments (3x2/1, 2x1/1), one "weird" commercial unit in the basement that is quite a lar...
I am working with a building friend of mine on building two spec homes on two lots in a highly desirable area. I have a quick question on the deal structure. I am going to purchase the land and my banker is going to l...
Hi all. I have been renting out a vacation home I own and for about a year and have successfully run it as a STR via AirBnB. A group will rent it for the summer (just shy of 3 months) and I need to adapt the rules fo...
I am a currently discussing a deal with another investor and wanted to see if you guys see any potential pitfalls in the structure of this deal... My main concern is 'capital preservation' and to make sure that...
Lost a renter at the end of August, still refurbishing the home. Doors missing, carpets filthy, shower walls rotten, paint, broken windows, general cleaning, more paint, uggh.
Today the renter at another hou...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $346,000
Cash invested: $22,000
Purchase Price: 346k + closing, all in 352k
Down payment: Conventional 5%
Ex...
Currently a college student and planning on acquiring first multifamily investment in 2015 with a business partner in Rhode Island. Niche model would be student housing since we some of the top colleges in RI from Br...
Hi, I have been reading up on real estate and listening to podcasts for about a year now and think it's time to take the first step towards real estate investing. I am moving to Corpus Christi in February and am work...
Hello all,
My name is Riley and my wife and I just moved out of our first home after four years of living there. We made a good deal of money and I used the finances to pay off my student loans and get her car paid d...