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Hi. I recently bought a triplex for $235,000. It is fully rented and each unit rents for $725. This is my first rental property and I'm not sure how rentals should look. I mean I fixed it up to where all safety issues...
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Hi there,
I was recently looking at an FHA owner occupied mortgage for 1-4 units. My lender said that we could count 75% of the rental income towards income towards my debt to income ratio.
However, I recently cam...
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Hey guys, been lurking on BP for a couple years. My partners and I (3 of us) are based in Miami FL (not the easiest market at the moment) we are all realtors / brokers and investors, each have 20+ years of experience ...
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Hypothetical question - my parents own a old smaller home in a nice location in the city. Can anyone tell me what they think general ballpark/rough estimate would be for the amount that a good developer would charge t...
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Hello all. I am a new real estate investor this will be my first purchase. I can get a gutted double, or ran down place for about 15k, or I could spend 45k and get a rent ready duplex? Was wondering which would ...
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I'm pondering a question regarding unpaid rent. In a particular deal, at least one tenant in a property is behind in rent and will be behind when the buyer takes ownership of the property. Who has claim to unpaid rent...
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Newbie here! My friend and I are looking to get into real estate investing. We are in Austin, TX. She has $700k cash and is unemployed. I have experience running a business (successful passive income biz on Etsy), am ...
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Hello, I've been looking to purchase a duplex in Northeast Los Angeles. The seller's agent told me that there is potential with this property to change the zoning codes to accommodate more units. How can I verify thi...
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I’m just curious what is the cap rate in Los Angeles and in the valley?
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Hello everyone! This is my first post ever. I've been listening to the podcast for a few months and reading a few books to self educate about real estate investing. To keep me from being stuck in analysis paralysis I'...