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I just saw a triplex, that meets the 2% rule in an area where it's hard to do. It seems like a great deal, I have two questions.
1. I would want to evict two of the tenants. They are already on month-to-month leases...
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I am interested in how operating expenses are calculated on condos with fairly high HOA fees. For people who use the 2% criteria as in Mike Rossi's book, "1 Minute to Rental Property Riches" I know operating expenses ...
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I own a 10 unit building in Oceanside CA. Along with my property manager we noted instances were residents are clearly being wasteful (washing cars, not reporting leaks, multiple occupants etc.,.) Where practical, w...
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Hi,
I have potential to buy a condo that rents for $450-$600 per month now for $20k. I'd like to know if this deal pans out:
Gross Rents: $500 per month (average)
Operating Expenses: $250 per month
NOI: $250 per mon...
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I've got about $40k in cash that I would like to tie up into rental income. The neighborhoods that I'm familiar with don't have anything close to this price range. I'd like to buy something outright and not have a mo...
Hi new to BP and actually forums in general, but being signed up for a few days i would just like to say this site has a great community and it excites me that people go out of their way just to help newbies out, it's...
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Idk how dumb it might sound. But since i don’t have a lot of money for a pricey home, I wanted to invest OOS where I can afford something. But since I’ve never done this before, idk if that would be the right move for...
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New to REI in the Washington DC Baltimore Maryland area. With an expected deluge of evictions coming in the near future due to job losses from COVID 19, would anyone recommend finding section8 tenants to ensure paymen...
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I am 24 years old and have one property under my belt, and I'm am looking to do another deal. A few of my friends went to Michigan State. I was looking at homes for sale around the MSU campus, and after talking to my ...
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I have a home in Orange County, CA that I am going to rent out. The had to evict the last tenants and lost out on 5 months of rent do to the evictions being frozen. I wanted to ask for 2 months security deposit to ...