All Forum Posts by: David K.

Insurance on a 4 flex will be a lot more than $75 per month.  I'd figure on double that...

You have some valid points.  I invest in both, but can't seem to find a good cash flowing property in the past couple years either.  From experience real estate investing is hard.  All the stuff I have now does well, because I don't buy things that don't work! I think there's a bunch of people making it sound simple, but it's not!!

As is property is valued around 200k, which makes me think I'm safe....

I don't get it either.....

Usually pay around $900 installed around here for 40 GALLON gas, which to me seems reasonable.

I've got the mortgage and promissory note with attorney.  I'm new to this. What's a typical charge for something like this or am I right where I should be?

It's tough to make the numbers work right now in MA.  If you are going to house hack the odds are better.

Thanks guys!

Hey Guys-

Since the type of real estate deals I like to get involved with are few and far between, now I might start hard money lending.  Have a friend doing a flip and he needs 150k for 3/4 months.  He's offered me a flat fee of 8k.  Is this good or bad?  How do I get going on this?  I reached out to an attorney whose helped me out in the past, just waiting to hear back, but looking for feedback from some of you who do this type of thing...

Thanks guys.  This is a second home.