Jose Leandro Gobea
Find money for down payment
23 February 2024 | 26 replies
I would probably start with a 4 unit property using a DSCR loan, which will still be based on the property rents and not your personal income.
Henry Hsieh
Commercial real estate rate
26 February 2024 | 9 replies
Side question, assuming that you have a pretty strong income from work, would you hold your commercial real estate as long as you can and to by another on top of the existing one or would you 1031 to a bigger commercial real estate instead?
Bruce Woodruff
Ok, I've got a tough one...need ideas.
26 February 2024 | 58 replies
And then in comes the junk....we're now at 20 cars, a bus, an RV or two, a tow truck, washers/dryers, and even an airplane fuselage...yes you read that right.A bunch of us neighbors called the County of course and they sent out a Code Enforcement officer.
MJ Jav
300K..Invest in San Antonio (TX) or Raleigh (NC)?
26 February 2024 | 13 replies
As far as a multi, personally if all things were equal I'd go for the multi for a few reasons. 1) Added diversification.. if one tenant doesn't pay, you can still cover property expenses with the other tenants 2) Shared capex... typically, one roof and one property to maintain but multiple streams of income 3) Less vacancy.. usually multi's rent for lower, for example one of mine is the sweet spot of 3 bedrooms for $1300.
Radhika Kapur
Property Management negligence leads to $100k in damages, what are my options?
26 February 2024 | 29 replies
I would also recommend asking for reimbursement for lost income and sending documentation that substantiates the actual amount of rents you are out while this matter is being resolved.
Alexander Wardell
Turning a residential multifamily into a commercial multifamily
25 February 2024 | 12 replies
The conversion from resi to comm + the added income could drive up the value dramatically.Your only real hurdles (in terms of proceeding with production) are zoning and permitting.
Yaakov S.
17 trying to figure out what to do.
25 February 2024 | 10 replies
Typical rates are 8-12% of income either monthly or yearly depending on manager.
Michael Primavera
Seeking Guidance/Information on Section 8 Rentals
26 February 2024 | 20 replies
@Michael PrimaveraYou will not be known as a high quality landlord if that is your desire do not enter the glamorous world of low income housing.
Dana N Johns
Dana Johns Rookie home investor
25 February 2024 | 6 replies
And quitting your job will probably not happen right away, the income from your job will help you to get loans to buy real estate.
Mary Ainsworth
Is it rude to have your agent walk each property for you before you put in an offer?
27 February 2024 | 43 replies
Only a reliable income matters.Rent range - What the segment is willing and able to pay.Configuration - Two bedrooms, three-car garage, large back yard, single-story, two stories?