Hi,I’m a new investor in my late twenties looking to acquire my first long term rental property. It would be great if anyone can share their stories of how they first got started!
Thanks,
Sarah
I have a rental property where:1) The neighbor has a fence that is aligned with a telephone pole which may be the property marker. Long before he or I owned our houses at this location, the neighbor/owner at the time ...
Hello, we were suppose to close today at 3pm and at 2:45pm we get a email from the mortgage broker saying that since this is a flip transaction and I have not owned the house for over 12 months they want to do a secon...
I have a friend I’m trying to help. He owns his own business and makes good money, $200-$300K per year, but he also has many tax write-offs so he shows a much smaller yearly income on his tax returns. His dilemma is h...
A scenario I'd like advice on:
Condo rental yields in my targeted area (20 minutes from my home) are typically about 8% right now. That is annual rent/purchase price. A two-three bedroom condo sells for btw $100,000 ...
I’d like to start out by saying that I understand problems arise and they are legitimate. I self manage 11 properties and I’m a fairly new landlord. I’m curious if I could get any advise on how to handle tenants who a...
I'm trying to get my head around cap rates and gross rent multipliers. I have a basic understanding of both, however, I've been told that for multi-family properties, I should pay more attention to the gross rent mul...
Hi all! Just sold some stocks and got $21k. I'd like to invest it into RE. I wouldnt mind something with HIGH risk either.
So my question is : If you had $20k, where would you invest? and what would you inves...
Hello, I am new to this page and I am 17yrs old and interested in investing in real estate. Over the past 2 years I have been flipping cars and trucks. I have saved a decent lump sum of cash (about 10k). I am waiting ...
My wife and I are looking to flip houses between central and north Alabama (Birmingham to Huntsville and anywhere in between). Any input from local investors in those areas on what looks good right now? We've looked a...