Hello, I was wondering if the the 70% Rule applies to fixing a distressed property and then holding it for rent? If not, what is the rule of thumb?
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So I had an interesting conversation about real estate investing. This was one of the questions.Do you think not having access to how to do real estate is why investors are not successful.Let me know what you think. I...
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Hello Everyone. I'm in the process of getting my second income property. I have been thinking about getting my Real Estate license to get access to the MLS and maybe sell a few houses to pay for all fees involved in...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $196,600
Cash invested: $196,600
Historic Adobe in North Downtown Albuquerque.
80 year old, fully remodeled home in...
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Investment Info:
Small multi-family (2-4 units) commercial investment investment in Leominster.
Purchase price: $325,870
Cash invested: $65,174
Contributors:
Matthew Perimian
We bough...
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Can anyone recommend a good app for tracking real estate loans, 401k's, Roth IRAs, etc all in one place ?
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How should I prepare to make deals (buying fix & flips and buy and hold properties) quickly. I will be in the area of the US (Miami/FortLauderdale) where I want to invest in fix and flips and buy and hold and I w...
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Lets say you and a seller agree on a price to a house. They owe 45k on the mortgage and you offer them 55k for the house. You write up the contract and take it into escrow.
What happens next? I assume the tit...
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I bought 2 properties in '18 and 2 properties in '19.
I'm having trouble with DTI because the properties I bought in 19 haven't had income for very long during that tax year even though the tenants are going on year ...
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Hi AllI would love advice on what I should do. I currently rent in the Bronx and want to move into a single family home with my daughter and husband. I would also like to invest in an area where the multifamily homes ...