John R Kepler
Interest Rates Have Been High Before, History Holds Answers
I know I am dating myself but I started my REI journey in 1980 when rates were 15%. The strategies that worked for me in those double digit times were house hacking and carry backs. I also found a buy and hold that wo...
Terrell Owens
Opinions on starting investments
Rhode Island areaHello24 years of age and my gross income is around 50K annually and I plan on using a conventional loan, I thought possiblly 3.5%-5% on an down payment.I have about $15,000 that I wanted to use on a D...
Sophie Goldman
Advice on property improvements
Hi all! I’m relatively new here, though I’ve been lurking for a while. I currently own a 2-family rental and it turns out that my co-owner and I are eligible for a $30k renovation grant and we’re considering where to ...
Montez B.
Owner pays Utilities
Hey team I have a quick question, so I found a great 4 plex to house hack in a C+ area only thing is the owner has to play the utilities, should I stay away from properties like this ? If so what will be some pros an...
Jin Zhang
Is it legal to close a doorway of a SFR to turn it into two units
Hi everyone, I have a naive question and could not find a good answer by googling. I am wondering if I could close a doorway and turn a SFR into two units and rent them to two different groups? Is there any legal cons...
Colin Olsen
Will programmable thermostats deter renters?
My wife and I recently purchased a three-flat in Berwyn and are house hacking for at least the next year. The property has a single furnace, so we cover gas and heat for all three units (which can get pricey in Chicag...
Stanley Cenatus
Foreign real estate Investing.
I am currently looking to invest in Dominican Republic for short term vacation rental. One of the questions that I am having trouble finding the answer to is when I am collecting my money from a foreign bank and send ...
Dave Carpenter
How are buildings with airbnbs appraised?
I'm looking at a building that is zoned B-1 business and plan to convert it to 3 airbnb units. Once the build out is complete, how would an appraiser value the building given that use? Would they use comps for other B...
Philip L.
Refinancing 16 to a 30 year mortgage
I currently have a mortgage that was a 30 year but now only has 16 years left.I no longer live in the property and I am going to be renting it out as a rent to own.To improve cash flow I am looking to refinance the pr...
Mike Hoherchak
Multifamily: To buy or to build...that is the question
What are your thoughts?I live in eastern PA and I'm learning that inventory of residential multi-family properties are very slim within my price point. The inventory that is available seems to be really old and run do...