Newbie from Los Angeles here. I was approved for $210,000. I wanted to buy a multi family home here in LA but Everything is too expensive here so I'm thinking of investing out of state . Does Anyone have any ideas or ...
Afternoon BP,I finally landed a contract, but the deal may not go through due to the property having ground rent on the title - my HML will only finance the loan if we can purchase the property; in addition to the la...
So here is the scoop: there is a little piece of property that I know of. About 20 years ago, it was just a little lonely farm house sitting on 9.9 acres about 15 minutes outside town. Since then, the town has grown, ...
I have been trying to avoid pets (at least medium to large dogs) and getting tenants that have kids. So the thought arises, who is worse in terms of damaging the property. Kids or Pets?
When financing a 8-unit apt, bank asked owner to assign leases as additional security on top of the property itself. Is it normal in apt financing or negotiable? Meaning, property alone should be sufficient collate...
Hey guys when you fix and flip a house and make a profit what documents do you need handy when filing your tax return.?
Why do you account for expenses so high. Like with the 50% rule. 50% of rent will be spent on expenses. For instance, if I know every thing has at least 3 years left on its life and I handle property management and ev...
Not sure what I should do. I currently have a property that I have new tenants moving into on October 26. I don't even want this property. I've been forced into renting it out because I can't sell it to a non-investo...