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I live in Los Angeles and, as most homeowners working in rent-controlled areas can relate to, having renters in a unit paying excessively low rent can be a pain. While I want to be fair to my tenants, I didn’t sign up...
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I have been speaking with a few customers and conventional loan officers lately regarding 30yr financing on investment properties and the rates I am now hearing are north of 5%. They tell me this is due to Fannie Mae ...
Bought a 3/1 REO in a nice neighborhood in rural Maine. The market is currently enjoying an absorption rate of 3.5 months for properties in the targeted price range. (We are targeting four area codes in a growing area...
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My wife and I just bought our first property. It is a HUD home we got for $24,600. It has a lot of work that needs to be done. We are pretty handy and will be able to do most of the rehab ourselves. We are putting in ...
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Hello Biggerpockets community. I'm from the D.C metro area and began investing three years ago. I currently have three rentals. However, listening to biggerpockets podcasts and stories, I can't help but wonder am I do...
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Is anyone buying performing notes in Maine? The one I'm looking at is newly originated as of Dec 2019. All payments are current to date. UPB of $143000, current rate 3.5%, payment $644, and not much equity at all sinc...
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I am in the process of formulating a strategy that can be used to leverage section 8 housing and financing to yield a return over 50% Cash on cash .For the past three years I have been renting my 3 bed 1.5 bath home t...
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Whether you are new or experienced in real estate you should have a seller proof offer or LOI. Do you want to acquire the property on your terms or theirs? Do you have enough information? Have you done your homework? ...
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I have a SFH that I use to live in. I will be moving out but I will rent the house out. My question is, how is this going to work with depreciation on taxes?
I owned and lived in it for about 2 years. Moving to anoth...
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All,
I put my rental property for Rent, in San Diego. Currently it rents for $1975 and I tried to rent for same value and did not get a good response. Zilpy, Rentometer etc also show that this price as with in the ra...