Cole Britting
DTI and Renting by Room
I know lenders can use 75% of the expected rents for small multifamily when calculating rental income for the DTI, but can they do the same if you plan on renting by the room for a SFR?Also, how do lenders verify the ...
Roman A Elizarov
A Humble Beginning in Real Estate Investment = a Modest Townhouse in Hammond, IN
“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.”Robert KiyosakiFor me, the path to financial security wasn't paved with stocks and b...
AJ Wong
High proportion of vacation rental and MFR sales are 1031X Exchange Transactions
In reviewing our 2023 production at least 1/4 of all our STR (particularly luxury STR) and multi family sales were the result of 1031X transactions in which the seller sold a like kind property towards a high cash flo...
Brandy Hall
Water Sub-metering, How Do I Do It Remotely?
Hi there! I'm wondering if anyone has used sub-meters on a multi-unit property. I'd like to sub-meter the water to bill accordingly instead of just splitting the water bill down the middle (for two existing units). ...
Chad Deberry
My 2nd Rental
Hello BP,So I went under contract on my second rental today and looking for guidance/reassurance that i'm getting into a descent deal. It's a 3br/1.5ba within 2 minutes from downtown Jacksonville for $64k (listing pri...
Russell Brazil
Modular Home Construction Costs
I was wondering if anyone had a sense on the construction costs of modular homes, and if they knew how accurate these estimate calculators are on builders sites. I am in Maryland, and some of these calculators are spi...
Eric D.
Building a 3 or 4 bay garage to rent
Hey everyone, I am seriously considering building a 3 or 4 bay garage to rent for storage... I purchased a duplex in Salem Massachusetts about 6 months ago and it has a good sized lot which would be perfect for a gara...
Saurin Pandya
Question on Rental Strategy
Hi All,I bought a second home and looking to convert the current home into a rental property. My current home is on 15 years mortgage and I was thinking if it would be wise to refinance it to 30 years and get mortgage...
Brianna Babienco
Tax advantage for property purchase
How do you figure out how much money you’ll save on your taxes by purchasing an investment property? Or how do you calculate tax advantage?
Say (very hypothetically😂) I had an income of 400,000 and I bought a $100,...
Elena Nelson
Investing in a condo with an HOA?
I'm looking at buying a single condo, not the building. The numbers all run great with a CoC ROI of 14%. I'm a first timer and don't know if there's any risk in having to pay a $200 HOA--that includes lawn and snow re...