I'll be hopefully getting a closer look at a fully rented 3 unit I'm considering purchasing. The current rents are $600, which is about $100-$150 below market. The tenants are month to month right now. My question ...
Hey All! For those of you starting out, it seems like terms and equations for rental properties is like speaking another language, especially if you are not good at math. I typically type these guides up myself but w...
I've got 30k set aside to invest and would like BP's advice and what to do with it. For some background, I bought a 4plex using a 3.5% down FHA loan about 5 months ago and live in one of the units. It cash flows well ...
Hello, I am looking for an honest critique of my post. I have what I believe is an amazing offer for truly passive income for experienced or non-experienced investors and I haven’t gotten any responses or leads. I am ...
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
Don’t get stuck on sideline too long – likely will be a 10-15% reduction, not a 50% reduction like 08-09
Reasons why:
Total market leverage was just 42% of mortgaged homes’ values — the lowest number on record.Wall ...
The wife and I sold a property and took a check of 400k after sale. We moved to an area that is overpriced RE and are happy to rent for now. Rent is now 1850. Household income is 260k pa. What are my real estate optio...
A 4 flat near me is selling for $240,000. This is unfortunately just outside my capabilities of a down payment as my lending is requiring a 25% DP. At $200,000 I think i can make it work and I think the seller would b...
Have you ever being told by lender that you have high debt ratio so you not qualify for another mortgage? The feeling being rejected is not fun & that is how I feel right now.I have one single home in DE currently...
Many investors I know are actively bypassing realtors, and I would like to hear what others think.
(I know this is probably not popular in a forum made of realtors. I am primarily interested in hearing when this stra...