Rick Alvi
Looking to buy first property - hello BP!
16 June 2015 | 10 replies
The rental income basically covers the mortgage and we live for free, effectively eliminating one of the largest expenses of any household.
Anthony Gayden
Why is Real Estate So Expensive in Canada?
29 July 2015 | 38 replies
One can decide for oneself if prices are justified based on house price ratios to rents and household incomes.
Carlos Enriquez
serving the tenant with a summons and complaint
20 August 2015 | 2 replies
He had served the wrong person in the household who was not on the lease (daughter), so it was delayed.Serving the tenant with a summons and complaint by the attorney's service was to have begun on Monday, August 17th.
Sam Choi
Newbie from Silver Lake, Echo Park, Los Angeles, CA
5 January 2016 | 13 replies
But must be verified by 60 day history, and must be a gift with no requirement to pay back.Reserve Requirements 3-4 Unit owner occupied properties must have 3 months PITIThree (3)- and Four (4)-Unit Property The maximum mortgage amount for the three (3) - and four (4)-unit properties is limited, so that the ratio of the monthly mortgage payment, divided by the monthly net rental income does not exceed 100%, regardless of the occupancy status.Livable Conditions The property must demonstrate the following characteristics: A continuing and sufficient supply of safe and potable water under adequate pressure and of appropriate quality for household uses.Sanitary facilities and a safe method of sewage disposal.
Brian Matthews
Moving to San Antonio
9 May 2019 | 20 replies
I recommend looking into middle class properties right below the median household price.
Brandon Young
New Future Investor in Making
29 December 2017 | 4 replies
I'm 25 years old, my household income is $3200 a month with $1600 in debts, I have a credit score that scares me, and I don't know what I'm doing.
Matt Geerts
Listless
10 June 2016 | 6 replies
I can blanket neighbourhoods, or I can get simple lists like household income, owner vs renter, and some other vague demographics.A recent podcast guest, @Tom Krol (damnit, BP, mentions aren't working today!)
Mark A.
Tenant screening - Subpar credit score...but...
20 March 2017 | 29 replies
Honestly, you need to see a sustained household income > $105K for this tenant to be considered safe.
Patty Yang
PROBLEM: Managing utilities for house hacking and rentals
10 July 2020 | 9 replies
@Daniel Haberkost@Dennis Cosgrave@Mike McCarthy thanks for the tips.. i'm just thinking..I may give a try in building some small tool like a utility portal to show all the utilities per door and household and to just set alerts if it ever goes overused.
Seyed Hamidreza Mohammadi
6-plex rental property financing
16 August 2016 | 4 replies
- A 6-plex apartment complex with a ~500k price- For rental purposes, I would not occupy- This is my first home-buying ever ( I rent myself)- My credit is Excellent (750+) and salary is 100k+ range (household 200k+)- I can put in 10-15% downThanks for the help.