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...
I have a tenant that moved out Feb 8th even though his lease was up at the end of the month. I received the keys the 8th. I want to do right by him and give him his deposit back as early as possible but for legal purp...
I'm looking to buy a single family home around Spring 2015 in the Central Valley area of California, namely Turlock, Modesto, Patterson, or Salida. My goal is to buy a home in the $180-$215k range, with no major updat...
Hi BP,I just bought my first rental property (Duplex in a C+ area). $82k purchase price.I'm going to be painting this Saturday and found Brandon's article about using Walmart's cheap paint; Color Place Country White. ...
I see this is the section is the closest thing to Sub2
Was wondering since there isn't an actual Sub2 section who else out there does Sub2's ? maybe we can petition for our own special section :mrgreen:
Hey everyone! I am currently trying to get all my ducks in a row and have a long-term plan outlined. I know real estate investing will be the way I achieve my financial freedom. My vision of financial freedom is, of c...
Hi there. Closing today on my first investment property. Bought it sight-unseen from the bank. Curious on how you would approach this situation? I will be able to knock on the door for the first time, later today!!
Hello recently my great aunt passed about a month ago and now I wanna subject 2 it just to keep it in the family and to own my first house. My question is who would inherit the house? My aunt wasn't Married or didn't ...
OK, really like to see what people have to say on this one.
1) First tell me your area and how much it is down so far from the peak.
2) What do you see the total % loss from the top until we hit the floor?
3) What t...