Hey everyone. I just recently added a triplex to the portfolio on the Jersey Shore and it needs a 100% full renovation. It’s in a town that’s on the rise so I’m banking on appreciation as much as I’m banking on CASH F...
Hi all!
I may have come across my first deal. One of my inlaws husband recently passed and she is considering selling her home.
The property is SFH 3 bed / 2 bath it is located in good neighborhood tha...
Hi,I’m planning for my mortgage renewal. But, I have a doubt. Can I change the lender at this moment? I am using Canada mortgage direct( http://www.canadamortgagedirect.com/) and renewal is a necessity for me. My cred...
Rent average is $600. All but 2 units occupied. C class. 1965. Owner pays water. What purchase price makes this worth looking at? Also... any experience converting to metered water? How do I know if it's even possible...
hey all, i currently have a rental property out in orlando, FL. i’m looking to grow my portfolio and getting another property. my question is, which is the best way to do so. cash out refinance or home equity loan. th...
I currently have a tenant living in my condo in Middlesex County. When he moved in in March 2020 we did a walkthrough inspection and he confirmed everything was fine. He paid the security deposit and first month's ren...
Does anyone remember when Brandon Turner used NWROI in his house hacking book? I am curious about how he comes up with the number. . . . the formula goes NWROI = (cash flow & rent savings + loan paydown + apprecia...
How was that "income of 3X rental" figure arrived at and do most of you hold to that figure for your rentals?Also, for renting out a room in a home do you follow that same concept of 3X?
When crunching numbers to figure out if a deal is good or not, I find myself realizling that aside from property taxes, I have to factor in school & county/borugh taxes. This is probably why so many homes are stil...
Hello all!
So me and my girlfriend are doing our studying up on the world of real estate.. we own a property in the west suburbs of chicago, and are looking into moving and renting the home we are currently in.. we...