I just had a rental property suffer heavy fire damage. It was a tenant accident and my insurance will cover repairs, but..The adjuster said its $90k worth of damage, and they immediately sent me a check. I've gotten...
I've bought three places but probably NONE of them would pass all the tests for good deals aside from me getting into a property and doing my best to ensure that they cover mortgage+condo fee with an afterthought for ...
How important is it to write a business plan? Especially if you are an individual investor? Is it critical to narrow ones focus to one market or if just starting is it best to go where the best deals are? I guess t...
I have 9 mortgages (my home and 8 rental properties). I put a PA down on a 4-plex back in March. As of today the loan has still not closed with a conventional lender. My loan officer at the bank told me that bec...
Hello there I have a few questions and thought I'd ask around before committing to any specific loan. I am getting ready (3-6months) to make my first home purchase. I am tired of renting houses mainly because I am not...
I'm looking for info on how I should go about using the equity I have for capital to purchase an investment property, or if you have other options, why those options instead.I'm purchasing my home on a 10 year Land Co...
I know this is a general question, but we are trying to figure out how to adjust calculations of fair market rents when comparing similar renovated versus unrenovated apartments. Are there any rough rules of thumb fo...
So as a newbie investor I was curious about how long you give your prospecting before you change up the tactics.
For example, I’m new and been driving for dollars writing letters to physically distressed properties....
Could someone please give me any advice on finding ARVs for smaller non commercial multis. I purchased and rehab a 4plex in Richmond, Tx for about 160K all-in. It's pulling in +$3,000/month in rent but when I went to ...
The 2 Percent rule states that 100K homes should net around 2K per month, and the average house around here would be more like 250 for a 2 unit. There is no way I'm getting 5K for rents on a house that is 250K. Im m...