Okay.  Was approved for $80k to purchase a beach rental property to come and find out that the loan cannot be used to finance a condotel.  Wow!  I didn't know what that was beforehand and now we can't even use the pre...

The AC broke in my rental, and it takes time for AC company to get parts and come back to repair. At the meantime, tenants complain about house being too hot (79) and wonder if there is any remedies. What would be goo...

Hi Guys,I'm new to these forums and appreciate all the knowledge everyone has shared. I look forward to contributing.I'm looking at a 14 unit apartment building in Ohio. 90% section 8, building looks really good and w...

Hello guys,I am in Texas, I have a question about the following situation, the seller has tenants in place, they owe money to the seller. No lease in place, most likely no deposit either, seller says that they are on ...

Hi everyone,

I have finally found a house that I want to put an offer on. Here are the basic details.

The ARV of the house is between 395,000 and 410,000

The estimated cost to repair is 100,000-135,000(I know that ...

Hello everyone!I'm interested in buying a SFH home in CO springs as a long term rental. I've run the numbers on a bunch of properties using the following numbers:- vacancy 6%- Property tax 0.44% of list price per year...

Hello all, I am new to the business and very eager to get started. I have been doing much research and I really want to get into the game, however I am not sure how to fund a rental. I live in Northern Virginia where ...

15-30 year terms?

Should I plan on hiring a property management company?

Is there software to help you make decisions on property to see if it is a positive deal or not?

Anything else to add that is needed to know ...

Just a simple math:
Let's say I buy a home for a million dollars, with 20% down and 30-year term
    interest rate = 5%     +    property tax = 1%    +    maintenance = 1%    ----------------------------------------...