I am weighing whether or not it's best to, say, buy five 100K properties outright......or pay 50K down on ten properties since credit's fine and borrowing is not a problem.Anyone got advice for me on this?Of course, i...
Hi, I have a discussion. So, I have a new partnership LLC. We started it with a loan for lets say. We bought a property to flip. We bought it for $25,000 and put in $8000 to renovate and sold it for it for $90,000. We...
Hi everyone,I've been researching a procedure to divide a lot (a parcel) into two. There is currently a ~2000 sqf house on the lot of .34 acres. (~14800 sqf). The zoning code is R-9600/UGA and future land use is ULD...
I own a few rental properties and had a question that I wanted to run by you all. My wife and I own a small real estate investment company and while our goal is to make a living off this company, we don't want to do i...
Hello, I am currently looking at another property to buy and it has a half acre of land in town. I will more than likely buy and hold to rent the house and would like to sell part of the land as a separate lot. Can...
I live in France where banks will not allow you to pay more than 35% of your monthly net revenues towards a mortgage (even if it's for a cash-flowing rental property). Sigh...
I'm at my limit due to my PR, but my boy...
Hello, I own a rental house on a large lot and I'm planning to divide the lot to build a duplex for renting out. I've considered different options, such as refinancing this home to make the land a separate transaction...
Hello all,
I have vacated one of my properties and where I use to house hack. Since the other two rooms are currently rented by the room, I will be renting out the room I use to stay in to a different person and con...
There are multiple ways to come up with a cap rate, so be sure to always ask how it was calculated.
Most cap rates are calculated by taking the net operating income and dividing it by the market value. Cue the examp...
Hi BP,I'm wondering if you all can advise me on the proper way to set-up my goals and make sure the math makes sense. I had this figured out about a year ago (before I even had any capital), but have since forgot the ...