David Lowe
ARV / 70% Rule
If the ARV of a property in San Diego is $500k, the rehab cost is $40k and you use the 70% rule, that means you have to buy the place for $310,000. My questions:- is that possible in the SD market? The purchase price ...
Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Bobby Narinov
How I got dumped by the Company that manages my property
Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...
Carlos Silva
When do Rental Prices fall
Do rental rates usually fall when interest rates increase and home values decrease?
Account Closed
Where is best area of country to buy income properties?
Hello, I live in NY but open to any area of the country. What is the best area to invest 100k in capital in income producing properties? I know this is a open ended question, but where do you see the best returns?
...
Paul C.
Longtime Landlords: All it's cracked up to be?
I've only been buying and renting SFRs for just under 2 years, but so far the experience has been pretty good. I've been able to acquire several properties with an average unlevered yield of 8%. That's based on t...
Jimmy C.
Why do we pay higher than taxes than most countries?
I was listening to talk radio today and they discussed corporate tax rates. I was surprised to learn that our country pays some of the highest in Corporate taxes in the World. Of course they were talking about how e...