I recently stumbled on a fully occupied 6 unit property that would bring in about 35% Cash on Cash and that does take into consideration 15% vacancy. The city itself has a higher than average crime rate according to n...
This is probably the best article I've seen so far on what is going on in the mortgage marketplace.
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, whic...
TLDR: Student & Employee looking to passively invest 25K by June 2021 for long term (appreciation focused, cashflow unimportant). Currently heavily considering Turnkey investing. A) Should I consider anything else...
I'm sad to say I don't see how Airbnb can survive this.
Airbnb.com says that Brian Chesky is making an announcement tomorrow (4/28/20) at 3pm pacific. We were hoping for good news. I guess we can assume this is the...
I am looking into buying my first rental property. I've been in contact with a few different people who have companies that provide turnkey properties to investors. This intrigues me as a way to find a stable, positiv...
i know this has been discussed on here plenty of times before and I'm almost positive I have read every post. I'm still just as uninformed as I was before. Reading lonnies books and starting to research the subject...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Hi, I am very puzzled. I am researching on how I can rent out single family houses by the room but it seems like every single HOA rules and regulations prohibits this. I'm in Houston TX area. As far as I can tell ever...
Hello BP,I have an interesting problem. I currently own 2 duplexes in my home town. 1 has tenants and the other I am house hacking. I am ready for my next deal and have hit a wall with conventional financing. The bank...
We recently vetted a tenant that informed us after move in, they have a service animal. Actually, we discovered they had an animal in their apartment and probed them for answers since we do not allow pets. We have r...