Hi, Frank, if the seller only has one year of income and expense data, how can we figure out the right number to purchase?

@Karan Shah I am helping a lot of clients purchase in Tarrant county where Ft.

You might consider hard money for the initial purchase or going with a DSCR type lender if you find something that is more turnkey.Hey!

Meaning if I’ve gained say $50k in equity (just and example), and I put it on the MLS, and the end buyer purchases it, how does that look at closing? 

Hello, I purchased a property in Snohomish County in Washington State at the auction.

With insurance companies canceling policies and raising rates has anyone uncovered a way to self insure rental properties?  

You could aim to purchase near those areas that are already or set to boom even more with large commercial projects going on. 

Couple of different ways to do that:)Many parts of the USA don't have cashflowing Class A rentals currently.So, recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Purchase price: $120,000 Cash invested: $35,000 After running this as an airbnb for over a year I have learned so much.

The loan was for 932k 791 purchase and 132k 50k construction 72k interest and tax reserve.