Hi everyone,I'm thinking about purchasing a small 1,000-1,100 square-feet single family house for $150,000. I'm going with the 20% ($30.000) down payment and finance the rest through a bank. The estimate rent is $1,...
I am just starting to play with the rental calculator and am wondering if there is a way to factor in the expenses associated with an FHA loan? Without these expenses, all the numbers it gives me are going to be incor...
What's the best and easier way to analyze a rental property profitability.?
I am looking to buy my first property, a multifamily. I learned about how to quickly analyze deals using the 50% here on BP. My question is, when using this method, should I factor in PMI into your P&I if you are...
Hey BP,My parents own a small strip mall (5 smaller units) and have been having issues making this a passive investment. My first thought is they do not set standards very well and their lease is most likely very weak...
I’m a new investor and glad to be apart of Bigger Pockets. Does any have a recommendation on a good property management company serving Detroit, MI? I’m closing on my property next week.
I have a 4 plex in Austin, TX under contract that is fully rented. I have a term sheet from Guaranteed Rate for a 30 year fixed conventional mortgage at 4.875% with no points. Is this a fair rate and pricing right now...
Hey hey! I’m looking at a property that has $250 a month in HOA fees, it covers the outside of the property, lawn maintenance, trash and water. I think $250 is a whole lot of money. Would the renters cover that or wou...
Hello - had a question on modeling returns on notes (Apologies in advance if this has been answered already, wasn't able to find a concrete answer in prior posts). Wanted to know what metric (or metrics) folks use whe...
Sudden life changes, the purchase of a new home, a job relocation, and other life events can make renting your home an option. Before you decide to rent your primary home, consider several things first. Expenses: ...