Jonathan Bailey
Help with buying first owner-occupied property!
Hello!I'm coming up on a year of my first year working after college. I make close to 60k and am also living at home. When I move out (hopefully by this time next year), I'd like to purchase an owner-occupied duplex/t...
Jose Diaz
How much do you spend on marketing monthly?
I was interested in knowing (if you don't mind) how much you spend on marketing on a monthly basis and what your % of contact is after marketing.
Thanks
Jose
Michael Heisterkamp
Mortgage payment strategies
There is a mortgage payment strategy that says to pay half of the mortgage payment on the 1st/15th of the month and the 2nd half on the 15th/30th depending on the due date of the payment. This reduces the amount of i...
Ryan Fox
Need advice: Rentals or max out 401k's?
I'm 38, my wife is 36. We just had a baby 5 months ago and purchased our first home 2 years ago. Due to many factors, including a career change and zero financial literacy or savings we got a late start and are now th...
Robert K.
First Rental Home - Tax Appraised 90% more! Need to Protest.
Hello,
I recently got my first rental property in Jan 2012. My 90 year old uncle deeded the property to my LLC for free. I inherited a long term elderly tenant who has been in the home for 20+ years. She pays a v...
Jaden Ghylin
Entity for a new flipper
I just broke the RE investors code. I jumped into flipping a property without having all the details hashed out ahead of time. I came across a good deal and had to move, so now I've got a property that's almost thro...
Donny Frusciante
Down payment of 160k or 0 down and invest the 160k?
Hello,We recently sold our house and made a net of around 160k...we now have a contract on a new house and I am trying to figure out how I should finance this new house. Is it recommended to put 160k down on the new h...
Nick Brubaker
Refinance my rental?
Hello all,
I am trying to decide if I should jump on the historically low rates currently and refinance my SFH rental. I put financing on it last year (15-year fixed) at a 4.375% interest rate. The rate I currently...
Justin Chercoles
18 year old on whether to buy a duplex or house for house hacking
I just turned 18 this weekend and would like to know how I should go about buying my first rental property which i will house hack for the first year or so. I have $15,000 saved up and will continue to save up. I have...
Jordan Slater
Where to keep cash reserve?
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...