Can one purchase a house with hard money and also get a loan from a credit union for renovation?
$800000 price, 20% down. rent is 4250 and could be raised to 5200 minimum. All 2/1 units. 2beds are going from 1200-1500 per month in the area. These 4 are at 800, 1075, 1125 and 1250. Recently renovated, so no r...
I found a property that's $200-300 below market rent and needs some work. How do I estimate what rehab cost would make the rent worth raising $200-300? Is there a formula to calculate this?
Hello BP Community,
I am currently analyzing a potential duplex for purchase and I had a quick question about adding an extra bedroom and the extra rent that doing so could generate. One of the units is a 2bd/1bath ...
I'm looking for some feedback on deal analysis for a small commercial property. This will be our biggest deal to date so I want to make sure I'm running the numbers right. We have a total of 28 units so I'm fairly c...
I am leaving NYC and considering keeping my current property as a rental here. One of my major concerns is the semi inground pool in the yard. What are the liability issues? And should maintenance be a concern or s...
Recently, I was approached by someone who works for temporary housing about renting my property. The family he’s working with have experienced fire damage on their home and need a place to live. He wants a lease for a...
I have asked for opinions about Rent Guarantee Insurance, such as THIS. I was considering another idea that I thought of (take that for what it is worth).If my rental is $1400/month, I was thinking that, instead of ha...
So my grandma has a condo in a living trust and can’t have more than 2000 in her checking account for Medicaid qualification. She has a maintenance agreement with a tenant that is getting extremely reduced rent to kee...
Hi,I am closing on a rowhome in Baltimore (Belair-Edison) that I am planning on renting out after the rehab is done. The main question is what to do with the heating and cooling system: - Option 1: Service the cur...