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2 October 2021 | 19 replies
In LA and so cal the rent to value ratios are fractional compared to many other states.If you're lucky you'll get .5% monthly rent to price ratio and in highly contested areas its not unusual to get .25-.35% in terms of monthly gross rents relative to asking sales price.example: 2300 2 bed room rent to purchase price of 625,000 = .368% RV ratioIn my experience you'll probably need a min of around .6-.7% RV ratio to break even with your maintenance, debt service, property management, etc.
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31 January 2016 | 15 replies
So a 2 bed unit for example with average usage might be as an example 110 a month where the next county over might cost 70.This is why water tends to be the biggest expense.
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8 May 2017 | 4 replies
Include your property specs- units and beds.
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28 April 2017 | 18 replies
. $500k brownstones in Bushwick/Bed-Stuy were still seen as too high for the crime rate; now you can't find $500k homes in East New York.
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6 January 2017 | 17 replies
While she laid in a hospital bed they removed a 15 year old and an adult who was caretaking while the mom was in the hospital, and change the locks.
17 July 2010 | 18 replies
I was considering bamboo or hardwood, though I have seen some arguments against bamboo because of hardness and good hardwood can be pricey.
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24 July 2022 | 3 replies
Here’s my real situation. w2 income : $5900schdule E rental income : $3550rental debt:$2100other bed debt:$1100primary home mortgage : $1800my DTI = ($1100+$1800)/($5900+$3550) = 22% is this correct?
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8 July 2014 | 17 replies
I'm flipping a 3 bed 1.5 bath 1206 sqf with attached 2 car garage.
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24 February 2014 | 15 replies
It doesn't frame the door at all and accentuates the carport.Replacing/painting siding is too risky, so adding a tree to the left to hide the carport post and distract the eye would help.Adding a tall planter on the other side of the drive where your garden bed ends would help as well.Or a hanging planter off of the two posts - driveway left and porch left.Rick
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10 January 2015 | 36 replies
There are always outliers but mostly likely your tenant pool are going to be D to C+ if you're lucky.