Hi! Just purchased our 2nd investment rental property. Loan amount $304,000 7.3% interest (house value $600,000). Other rental loan is 3.5% $553,000 (house value $770,000). We can pay an extra $3000/mth. Could pay off...
For someone that only has 6 rentals spread between California, and TX. What will be the best way to structure the ownership for these properties that can provide good asset and liability protection? My insurance agent...
Hello all! I am so excited I think I have found a great first investment property. The seller is a serious "don't-wanter", and he's ready to leave it to me and move to the other coast of the country. I would like the ...
Smoking inside of a home is one of the more expensive types of damage to remedy. Sometimes it can take ripping out all flooring, trim, and fixtures, and adding layers of paint everywhere to block out the odor. Most le...
Good morning,My name is Paulo Ascurra and live in Montreal. I am very interested in rental properties. I have been following bigger pockets webinars for 2 months. When I try to analyze properties applying the four qua...
Looking for some advice on an owner occupied 3 family in the boston area. The house is a 3 family with a full sized attic/4th floor. The 4th floor has front and back egresses, appropriate ceiling heights, and electric...
I would think most of you guys get mtg for you rental properties, so my question is...how long to you take your mtg out for. Do you drag it out for 25 years to increase your monthly cash flow with little pmt on the b...
When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
Hello !
So I have a question, I listening to Ken Mcelroy and he says: to get a value of a building, take the net operating and divide it with the going capitazilionation rate.
So, on one building here, I ...
I had a lengthy post about the story of gentrification in west Oakland two days ago, and you can see that here: http://www.biggerpockets.com/forums/311/topics/193883-the-story-of-gentrification-part-1-how-to-spot-it ....