Hi, I have 3 multifamily properties in California (2 duplexes and a triplex) and because all the them have buildings that don't share walls, my insurance company writes 2 policies for the separate buildings. If ther...
Hi All - Wondering if I can include my criteria on the listing so only qualified tenants reach out or would I be breaking any rules? Driver is I want to save time in showings and during pre-screening.So is below lang...
Greetings,
My name is Jonathan and I am new to this site. I am in the Los Angeles area and plan to start my ventures with REI in my own backyard.
I currently have zero experience regarding RE and hope to learn from...
Hello,The question: Are there any reasons I should include my wife as a co-borrower if I can qualify on my own and she has no income? Context:My wife and I are looking to get pre-approved for a mortgage as part of our...
I closed a single family home today in Massachusetts close to students living community. Thinking to renting to students with tenants paying utilities including water and sewer. Is anyone doing that? Looking forward f...
Good morning BP'ersI was trying to analyze a 4 unit multi family property off the MLS listed at $199000 with only 4 category of expenses provided by seller - insurance, water/sewer/trash, electric and taxes. I do ha...
Hello BP family!It's been a while since I've posted a forum but I feel it's time to start becoming more active! I took everyone's advice about a year ago and finished college. I am now a licensed hygienist, and while ...
I have an opportunity to invest in a real estate related opportunity, but instead of being backed by any hard assets, such as the property, the borrower has agreed to personally guarantee the loan. I know this individ...
Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
Hey everyone,
I have spent the last year or so reading all the real estate material I can, continue reading and listening to the podcasts on here, but I'm trying to figure out my next move. Trying to invest i...