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7 May 2018 | 12 replies
Expenses on a rental property typically run 40% to 60% over the long run and that does not include your debt service.
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30 April 2018 | 7 replies
I have not, but many localities have programs for residents if your income is low enough, typically I would expect that this would only apply to a primary residence.
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24 April 2018 | 15 replies
The selling agent made a big speech when I met her last week about how people who rent rooms typically don't have much money (no kidding).
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23 April 2018 | 4 replies
It can be frustrating watching grass grow.Why do you need 40 units a year?
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27 April 2018 | 134 replies
Maybe I do not do the BRRRR right also...I have done the BRRRR process a few times and I have never got all of my initial investment and all of my rehab costs even when the BRRRR has been assisted by market appreciation.The hurdles:Low appraisals for refinancing at least in San DiegoTypically limited to 75% or lower LTVCosts of San Diego rehabsI typically get my initial purchase costs back and some of the rehab costs.
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24 April 2018 | 4 replies
Or can I follow the typical, "I buy houses 1(XXX) XXX XXXX // Fast Cash Offer // 30 Day Close".
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24 April 2018 | 10 replies
I tried to get the grass cut today, and they had trouble, first because they were scared, second they were so much trash torn up, and the dogs wouldn't move so we couldn't cut part of the lot.We will see how it goes, if he decides to leave that will be fine, and if things stay the way they are it would be better if he did leave.
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24 April 2018 | 12 replies
Typically you get more rental income per dollar spent (at least in my market), plus you would gain some efficiency with multiple units in a single location.
23 April 2018 | 0 replies
Hi all,I wanted to know what you typically pay per acre when purchasing raw land whether it's 10, 20, 50, 100, 300 acres etc.
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24 April 2018 | 15 replies
Secondary market meaning fixed rate financing for the full term of the loan vs someone like myself who owns substantially more than 10 props I have to seek commercial funding which is not as stable - typically 5 year balloons.