Phil Mcnally
$400k, 1 to 4 unit property with 1% rule. Anywhere?
Hi AllConventional loans for residential property cover single family, duplex, triplex or fourplex. If I want to maximise each available loan without going into jumbo loan territory ($424k limit) it would be ideal to ...
Nicholas M.
Need help on increasing rents. New to landlording
Hi, I just acquired a duplex. I live in one unit and rent out the other. The other unit was acquired with a rent $400 below market rentals in the area. Im brand new to the game and I dont know whether i should just te...
Heather Lawler
Looking for the Max Bang for My Buck with my Inheritance
I was a real estate agent for about 3 years until I was offered a job that I couldn't resist working from 8:30-2pm everyday with two little boys at home and very well paid so I let my REL expire. I am now about to in...
CB Browning
Cash flow calculations. Am I doing this correctly?
Hello everyone, I am new here, and am still trying to figure out whether investing in my area, southern New Jersey, is worth the trouble.Any help would be appreciated.My strategy is to acquire long term rentals on si...
Semilore Lawal
Best and cost-effective ways to rent-by-the-room or rent basement legally in Canada
Hi
All,
I
found that single family in Canada is only profitable if I rent by the room or rent the
house as two dwelling units (basement and upper floor).
The
problem is a lot of cities in Canada have strict...
Kevin Escobar
Best way to access equity to buy more properties.
Hey Everyone. My wife and I currently have over $700k in equity across our 5 properties. We were able to fund the down payments for these properties all through our personal incomes. Our goal is to continue to expand ...
Joshua Elizondo
Raising rents on long term tenants?
I wanted to get some opinions on bringing rents up to market value. I’m closing escrow on a 4 Plex next week and there are two long-term tenants who are paying $995 per month. They have both been there for over 5 y...
Jonathan Newcomb
First Time Landlord, Continued Investment
Greetings BiggerPockets Community! My wife and I just started a venture in North Texas, we were able to cash out some stocks late last year and put a down payment on a SFH in a north dallas suburb. We spent $45k down ...
Brad Pietrzak
how much of a down payment to live off of 35k annual
between me and my sweetheart we make enough to easily handle a multifamily property as a house hack even a single family home. but that is not what we want to do. what we want to do is put a large enough down payment ...
Leilah Davis
Why would a Seller NOT want to separate their property?
I'm noticing a lot of sellers have a house or a building AND a vacant lot next door, and when they go to sell they are selling both as one listing. I have twice now tried to work a deal with the sellers to split the l...