Augustin Calderon
Renting Spare Room from a Primary Residence vs Investment Property
1 May 2024 | 4 replies
If you're weighing between purchasing a primary residence and renting spare bedrooms versus buying the entire property, which is more tax write off advantageous.
Josh Mitchell
Experienced Agent, Inexperienced Investor
4 May 2024 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Kristina Heimstaedt
California is proposing rent control again.
2 May 2024 | 0 replies
I've been scouring the internet trying to find what I can related to the upcoming proposed legislation. All I know is that they currently have enough signatures to get it on the ballot. An LA times article indicates t...
Sarah Ali
Is not having/finding tenants a real concern? what do you do if you can't find any?
4 May 2024 | 5 replies
We require one months rent as deposit so that gives us 30 days to get someone else in there.
Lamar Athill
Best advice for first rental property
4 May 2024 | 18 replies
They should be involved in the selection of the investment property and giving input on how to maximize the return on investment.Finally, I would recommend you consider starting with at least a duplex if you can, so you hopefully always have a rent check coming in during a vacancy.To your success!
James Bing
Buying from wholesalers
5 May 2024 | 6 replies
There is a 11 unit Multi in Texas that is running over 10 cap now but if you section 8 it the rent would pay 9,240$ a month...
Lyle Cooper
Unmarried couple wants to pay rent separately -NYC
1 May 2024 | 11 replies
I wouldn't concern myself with who pays what as long as the rent is received in full each month.
Arn Cenedella
The value of coaching and mentorship
6 May 2024 | 16 replies
When Laura had a 3 month sabbatical from Intel in Santa Clara she rented a carriage house down on Haskins right there in the heart of historic Charleston.
Norberto Murillo Jr
Cash-Out Refi or Refi to Lower Payment
4 May 2024 | 6 replies
CA House 1 rents for $2,310 my mortgage is $1,362 @ 6% ARM.