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Hello,I am looking into purchasing a home that is currently being used as a 3 family home. However, when I went to see the house, the agent told me that the bottom unit of the home is a legal fourth unit, but the owne...
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My dad owns a duplex outright, valued ~350k, and renting for $2,200/mo. The return on equity isn't ideal, but he's retired and holds the property as a stable source of income. He doesn't like being a landlord. I have ...
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Lack of Insurance is killing my Sales.
Buying a new home in CA? Start with Insurability.
If it’s hard to insure, you will need the FAIR Plan and that could take 8 weeks to secure a Binder.
We are seeing 3-4 weeks...
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I've had several instances where a house I had went under contract, and it ended up falling through for whatever reasons. Some of these were my fault... such as an inspections. But some of them were not. In one case, ...
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What are some creative ways to get Additional Other Income from a high end multi family building? I may be running an 80+ unit in the near future.Laundry is included in each unit. Ways that we already implement are st...
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1st offer in on a 2/1 brick in great location with intent to flip. Offer is at 30k, will most likely land at 35k. The current rehab costs are minimal as the home is in great shape, so ~3000-4000 range. ARV should fall...
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I am looking to purchase my first rental property. I currently own my primary residence where I am responsible for the mortgage. My husband on the other hand is not tied to the mortgage and has the ability to obtain a...
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I just put an offer on a short sale property. I put down a $1,000 deposit and offered the asking price (The SF home had gone down several times and there were multiple offers). The seller accepted my offer. And now ...
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Hi fellow investors, As I'm running Rental Property calculator analyses like it's my job, I'd love to know: how do you estimate the right price to pay for a property? @Brandon Turner says a rule of thumb is to pay for...
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I wanted to see If i got this explanation right on this Hard Money Lender. I know people will have this question so here is a sample sheet I have. For context this my first BRRR so thats why the rates are probably hi...