Looking at a fix and flip in the Dayton Ohio market, it went to MLS for $39,500 then price dropped to $34,500. I figured 30k in rehab on the property. It sold for $18,100 in Feb 2019 so i offered $24,000 cash deal w...
Rookie question here. 1.When financing a rental property. Do you favor Principal+Interest or PITI included together in your payments when the mortgage is set up.
2. Using PITI. Why wouldn't you figure in the tax and ...
Hi, I am a newbie a this forum, but I have always read them seeking advice and knowledge. Our family is a military family, that will be moved to Fort Hood, TX at the beginning of next year. We have always been interes...
Good morning all. One of my rentals has a section 8 tenant. Tenant has not been paying his portion for months. Owes over 2K in rent but I have been collecting section 8 portion. My question for the community is: Since...
Hello BP,This is my first post. My name is Robbie and I am a new "investor" in Charleston, SC. I work full time on top of "real estate investing." I am a military pilot stationed in Charleston. I just closed on my fir...
Hello - Hope everyone is doing well today! I'm close (30-60 days out) to purchasing my first rental property and would like some perspective on how I should handle financing, llc or not, and a few other items. I cur...
Do you want to make $50,000 in six weeks? Even in this housing market, it’s more than possible. You might think we’re bluffing; with high mortgage rates, little-to-no inventory, and buyer demand down from its peak, mo...
Interesting situation: have 3 rooms rented on the 2nd floor of a jersey city 2 family house, tenants started attacking me the landlord after 1-2 months of living in apt, claiming its a rooming house etc, withholding r...
Hello BP,BLUF: Trying to decide to sell or rent: Monthly pmt (PITI): $1356Possible Rental amt: $1700-1800Owe $175,000 @ 3.625%Value $234,500Would use a property manager. House was built in 2006. Everything in the hous...
HI dear all, I just close my first SFH rental deal in C+ neighborhood. While working to set insurance, I've noticed the insurance company DOES NOT cover intentional damage caused by tenants. They said that maybe some ...