Melissa Piccirillo
Where to start...
Happy 2014 everyone!
I have been through articles regarding the wholesaling process and the information has been amazing, however, I am still struggling with exactly how to start. It seems the fundamental st...
Rick Albert
Investing in Spain - What’s your Experience?
Hello All,As an American, I’m not as familiar with the Spanish market. I’m considering Madrid.What have been your experiences with investing? Financing difficult? Construction complicated? Tenant laws to be concerned ...
William Taylor
On the fence about electrical service upgrade
Hey all!Closed on our first multi family a few weeks ago. We currently have each meter separated out, but has 100A service. The units have electric furnaces, electric water heater, no washer/dryers, and the range is g...
Lee Schram
How much coverage needed??
How much insurance coverage would you recommend? Purchase price 37,500Rehab 45,000Arv 150,000The quote I received has dweling protection coverage of $425,000 and the policy is $6,000is that right? Thanks
Nicholas Burch
Evaluating Cap Rates
How do you estimate the ''exit cap rate'' on a commercial property? I understand that you can evaluate a sales price based on what the seller or broker presents as the cap rate and NOI, but how do investors determine ...
Grant F.
Cash Cow or Money Pit?
I found an off market 4BR/3BR home in a 'B' neighborhood. The home has sat vacant for 20 years (yikes!) but small stuff has been addressed and maintained. The home ARV is around 450k-500k conservatively but it likely ...
Jonathan Baptiste
How to distribute utility bill in a single family home? (House hacking)
I am currently house hacking and have a few tenants/roommates living with me. I currently pay the water and internet bill out of pocket and only request rent and the electric bill be paid for by the tenants. My house ...
Ryan VanPatten
When can I use rental income for a new loan?
Hi,I have a townhome that I live in and rent additional rooms. Can I use this income as part of my income when I apply for another loan? I bought it in Augusut 2012, so the two year mark is right around the corner.I...
Autumn Brooke
Utilities with three separate tenants and one electrical panel/meter
I have a three bedroom, single family home. I am currently renting one bedroom to a tenant. I am moving out of the house in June and intend to rent the other two bedrooms to two additional tenants, unrelated to the fi...
Franklin Marquette
Water Meters vs RUBS | LA County
Hello all,What have you seen re: water meters. Located in Los Angeles County (Los Feliz, 90027 zip). Property is zoned R2-1XL so pretty sure I can only have two main water meters. Right now the two units I have share ...