Qui Van
Finding renters that makes 3X income to rent
Going back to "rule of thumb" I hear a lot is having a renter that makes 3x the rent. Living in south Florida where rent is already high, is it realistic to find a renter that makes this much? What are some other wa...
Francisco Perez
Second Loan for investing and where to start.
Realistically, I do not see myself coming up with $50k Plus in the next year or so. I'm not saying it is impossible, just trying to be realistic with myself, so what I am interested in, is possibly pulling another lo...
Saranya Sundararajan
First time investor - need advice on price expectations
Our first real estate investment and we want to get into STRs. Looking in the $500K-$750K price range. Have enough cash reserves. I want to start closer to the lower end of my budget ideally but I feel like the 1beds ...
Keila Pritchard
Current Service Member looking to grow real estate portfolio
Greetings,I am a active duty Army Officer. I currently am married to another Officer who is getting out. As she prepares to exit the military, I’m realizing I’d like to have a plan once I’m ready to leave (15-year pla...
Mario J Perez
What should my offer be?
What should my offer be? Here’s the info I have.
Mixed use 3 story building.
Asking Price: $380,000.00
6 Apt. units
3 Commercial units
Income: $72,300.00 Total Yearly Rent
Expenses: $8,500.00 Total Yearly Expens...
Jake Thompson
Realistic Return for Rental Properties?
So my wife and I have decided to purchase a quadplex here in San diego. We would like to live in one unit and rent out the other 3. Does anyone have a good rule of thumb for a realistic Return we can expect in terms o...
Sean Golin
How to value rental property for sale?
Hello,Was curious what types of valuations are best to use when determining the sale price for a rental property? I've used both GRM and Cap Rate to try to determine an appropriate price but unclear what else should ...
Ryan Sajdera
Does maintenance reserve count towards your cash flow?
Hey BP,Just curious to know what everyone's opinions were on the cash flow situation. Do you count the maintenance reserve (I budget about 10%) as cash flow? I see a lot of articles where people are talking about cash...
Matheu Santos
Is it possible to get a HELOC under these circumstances?
I live overseas, but I own a rental property which I owe 240k and is worth 345k. My goal is to apply for a HELOC for a downpayment on another investment property. Is it realistic to get at least 10k from this strategy...
Andrew Kniffin
Seller Subordinated Carrybacks on MF
Hello BP Nation:On MF transactions, Sellers often will carryback a subordinated note (junior to the bank note) in order to lessen the upfront capital requirements of the Buyer. Can someone tell me more about the natu...