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So there's a property in my neighborhood that has 2 1bedroom apartments and a commercial store currently being used as a church. The owner lives about 45min's away. I said good morning to her and struck up a convo. I ...
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Hiya all. Well here's my situation.
I wanted to buy a second rental property after we moved to Hawaii for work and became bankable again. I was planning on using the HELOC money from our first rental as the downpaym...
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How do you analyze a rental property if you know you are going to use an FHA loan for your first deal, while using the 2% and 50% rule? I know how to do the rules but how do you incorporate the right numbers If you kn...
This is admittedly a newbie question. I understand how non-performing note investing works and the different exit strategies.A few questions:- Do you need a license to buy, rework and then either sell or hold these re...
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Hello,I am currently trying to find my intro to real estate investing. I make about 89k a year and I have about 20k saved (~10k in bank and ~10k in ETFs). The main issue for me right now is that I live in NYC and if I...
Hi All,I m a total newbie in RE investment. I just saved up enough money for downpayment of my first investment house in North Dallas. Below are the key characteristics.Investment objective:I want to rent it out for p...
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I am in the process of subdividing a lot and building 2 new homes. It was brought to my attention that deconstruction could more than pay for itself with the tax deduction. But this is $30k more expensive than demoi...
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The question is how I calculate the ARV of a property to put into the analyzer at to do the final calculation. The analyzer ask for purchase price, After Repair Value ( ? ) and cost of repairs.Questions:
ARV of the ...
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So I'm starting out considering rental property investing. I've talked with my lender (on my current house) and asked some questions.
I have $200-$230K in equity I can access depending on how an appraisal of my hous...
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Please help me look at my situation: My PM threats me that the potential tenants will sue my insurance company and me for not taking them because they have a pitbull. Seriously, my Property Manager threated me that If...