What vacancy rate do you feel best with? Lafayette Indiana has as high as 20% and low as 5%
Hi guys! Newbie here... currently I live and own 1 rental property (SFH) in New Jersey and looking to buy more doorsteps by EOY. I am in the infancy stages and doing a lot of research/reading. I have two questions reg...
Hi all,
I'm doing some research and since I've not purchased an investment (or any) property before, does anybody have any suggestions or specific or standard contingencies they'd put or want in their contract when m...
Is there a typical cost to refinance an investment mortgage? Would be refinancing a property that I currently owe 146k on and is worth around 200k so it will be 20%+ equity 30 year note.
Thanks
Hello BP Members!I am looking into this form of real estate investing. I like the idea for diversification and a transition to something bigger than what I currently do (house hack and I would like to know if there ar...
I’m looking to buy a STR property up in Big Bear. It’s somewhere we would like to use when not rented out. I’m curious to know if there is a big difference between city vs lake for STR yields. The home prices are pret...
Everywhere I read about PML, the "TYPICAL" deal is described as 8-12% interest (I've seen 6-15% as well) with nothing being mentioned about a profit split. I do see instances where joint ventures may be up to 50/50 p...
Hello,
We are prospecting a location for potential new development which may be Condos or apartments. I understand how conventional loans work, but what can I expect for a new construction project while in developme...
Hi Everyone (newbie questions alert!) I'm looking to start my way as an REI and one of the first steps that I'd like to get is to open a US based company (probably an LLC) as the tax rates varies from state to state...
What’s a rule of thumb for Utilities (Water and Sewage, Electric, Gas) per door number? If there is a such a rule? I’m aware of the RUBS system. If you don’t have the historical from last year, can we use a number per...