For those that do their own tenant screening, how do you evaluate a credit report properly? Do you just go by the FICO score or do you also factor in negative tradelines?
I was a mortgage loan officer and an escrow officer 20-odd years ago, before the landscape shifted. I know the drill about proper documentation, etc. But the process I"m in now seems just ridiculous.Hubby and I are ...
I am very confused on whether we should sell our condo/rental now or wait. I was hoping for your advice. Not so much for tax reasons, but just for an overall investment/savings with the goal to pay off our main reside...
What are the typical costs to have a property manager assume existing tenants? Since there is no tenant placement, what fee is normal to have them takeover?
Weekend Talking Points – ‘Sunshine’
for Saturday, April 6, 2024
Here’s my weekly briefing on all things real estate. Feel free to share: better-informed agents and LOs provide more valuable counsel to their Investor...
Hi all,
To make a long story short I own a 2bd 2br condo in Moreno Valley, ca (92555). My husband and I rent it out for 1800 which means we cash flow 400 each month. The property will be paid off in 5 years and we...
Inflation is the highest it's been since 1981 and continuing an upward trend. Mortgage rates are above 5%, meaning the $600,000 home from last year will now cost you $700 more per month. Financially speaking, things d...
Hi there, I am new to the Bigger Pockets forums and want to buy my first Investment property, ideally a 2-4 multifamily property I would buy and hold with long term renters. I live in Los Angeles so I wont be buying ...
Hello, I am in the middle of a sale and anticipating a 1031 exchange for a NNN. I’m looking at my options. I’m looking primarily in the northeast (MA). I’m seeing 4.5 to 6% caps for 1.5 to 2.3 million dollar propertie...
I recently watched a video of Grant Cardone predicting that when all the baby boomers die off there will be a large surplus of houses which will drive down prices across the board. You hear a lot about shortage of hou...