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Hi everyone, my name is Alonso and I'm brand new to the real estate investment world. I just finished reading "The Ultimate Beginners Guide to REI" book and it suggested getting familiar with important real estate inv...
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How often can you do BRRRR ? Can you only use that strategy every 6 months? Because you will need to refinance ? Are banks cautious on giving out multiple refinance mortgages?
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I am looking for a beach area vacation rental home. I have a partner who will be financing/purchasing 100% of the property upfront. I will be finding the property, managing the property, finding renters, cleaning, s...
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Hi,
I just wanted to start by saying I pride myself in being a realtor and doing things the right way, which is why I am here seeking advice from the community on their feedback. My question is this.
What if I were ...
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I have a potential tenant who wants to airbnb the empty rooms in my rental. I dont have any experience with this and was wondering how it would work. I'm not necessarily opposed to the idea, but want to make sure im n...
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Seems like I've been full of questions since deals come up now that I'm in real-estate investing! I have another question for those of you out there....there is a good deal that has come up for me and my partner and ...
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Hi all, I am just starting my real estate investment journey with my husband and a friend of ours. The 3 of us are contributing equally to our first investment and are in the process of setting up our business LLC. My...
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What is the minimum amount a house can be mortgaged for? I was told 65k but that would mean I can't get a conventional loan for anything less than around 80k or so figuring in for subtracting the down payment. This ca...
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Does anyone find that STRs have higher need for repairs than long term rentals? When analyzing, what percentage of gross income do you set aside for cap ex and maintenance?
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I have a spreadsheet I've developed for my STR and have been using 20-28% for a management company to manage the cleaning, booking, and maintenance. However, after doing some reading here I am leaning on doing the bo...