There is a property on Fannie's website in my area. List price of $39,900. Rents in the area comp out at $1000 median, so let's assume a low number of $900. Light fixer that doesn't look too bad, so figure $2K in pain...
New-ish investor and happily plugging along with three props in JAX. Just had someone quote me $400 plus materials to replace a sluggish ceiling fan and nonoperational garbage disposal. Seemed a bit high to me. Wha...
Hello BPs. I'm really new to BP and real estate investment. I just bought my first rental property after doing a lot of reading and research. While I'm still not 100% sure we have made the right move in terms of numbe...
Can anyone recommend a good hard money lender? I have an auction due in 4 days I just learned about and need some financing options. Thank You, Aaron Ross
hello i've been saving money and analyzing deals for a house hacking long island, i feel like i definitely need more capital and was wondering if anyone recommends wholesaling to get there and if so any advice thank you
Greetings from snowy Western NY!What is the optimal pricing strategy for off campus housing to a college student? I see two approaches:1. If the student stays on campus, housing ranges from $7200 to $12,000 per year a...
Gross Rental Income $: $285,276Total Monthly Income: $24,264Total Annual Income: $291,176Gross Rent Multiplier: 8.59Taxes: $24,524 - 2019Total Annual Exp: $83,298 - 2019 - ActualExpense Source: ActualNet Oper Income $...
Hello BP community!We are looking for ways of how to use Business LOC to invest in RE.Can someone explain in simple words how it all works? Pros and cons?We do have great credit scores, financial situation. We opened ...
Hi BP community!What are the main differences between a Non-Conforming Loan and Portfolio Loan?As it turns out, when an investor has more than 10 properties, they no longer qualify for Fannie Mae mortgage loans (conve...
Looking for a new landlord insurance provider. I currently have policies with NREIG paying around $57 a month for $120k in property coverage per side of a duplex in north Austin.Although the amount may seem minimal in...