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If you are not reliant on the income from the investment property how strict do you apply the 1% rule?
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I purchased a single family home good quality location in Chicago’s Northwest Suburbs in Cook County as a personal residence. At the time of purchase, I knew I might not want to stay indefinitely and at some point to...
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Has anyone invested in Reading Pennsylvania? I was looking at a house for 40k. It is an old house with wear and tear issues. I am worried if I invested in this house the city inspection would be a hassle plus vacancy ...
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We have a duplex and are working to make it legal. The city doesn’t require us to have two water meters but we’d like to track it some way so we can charge tenants based on their usage if possible instead of a50/50 sp...
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Can someone please tell me in laymans terms what the cap rate is? I've read definitions over and over, but I still don't get it. Sorry feel like the dunce cap is on.
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Nationally, the median price of a single-family home sold in March, the most recent month available, was $334,500, up 18.4%, according to the National Association of Realtors. Colorado is tracking with the rest of the...
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Hello from Northern Virginia (and the nation’s capitol).my primary interest is in flipping, and rentals (single family and multi-unit). currently working with a class a builder looking to network with others in real e...
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Hi All. Looking for something simple to manage the expenses of multiple rehabs (which will be sold retails within 6 mos.). Nothing too complicated. Checking BP but nothing sticks out. I will put something together...
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I was told in a previous post that CAP is irrelevant when evaluating a SFH, if I understood correctly.
But I still want to understand it.
About to cash-out on current residence
Refi at 135K
Insurance and taxes wrap...
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For all you potential (and current) house-hackers out there - Freddie Mac announced recently that they are expanding their lending guidelines for conventional mortgages to allow rental income from Accessory Dwelling U...