Hi all, My rental property is located in Orange County, CA. It is a 2 bed 2.5 bath that would go for $3100 per month in this market. This is the first time I am trying to rent it out though and I am finding it hard to...
So, as an investor/landlord and real estate broker and owner of a property management company I probably talk to 2 or 3 distressed landlords a week. I have noticed one key thing with all of them. This holds true for...
Hello BP investorsI recently discovered this site and hopefully I can get some guidance on my first property. I am 55 and my goal is to find some cash flowing properties to supplement my future and possible early r...
Hello All,
Your expertise is needed here… I am planning to purchase a duplex and I do want to take advantage of house hacking... What should my thought process be concerning monthly gross income receiving for rent? I...
Hi BP Members,I have two loan routes I can go with : Conventional or FHA. How many people have gone ahead and bought a property that cash flowed negative/break-even when analyzed using 50% rule under FHA terms (upfron...
What is your range of percentage of ARV to consider a good acceptable return for your flipped projects? I am aware of the 70% of ARV rule of thumb, but just wanted to get your opinions.
I just had an idea, if we could figure out the maximum amount of dollars we could pay for a property per $1 of monthly rental income we estimate the property will bring, we would have a very easy way to figure out how...
My business partner and I have roughly ~6 acres of raw land in Aiken SC. We are planning to put mobile homes on the land. I am looking for any and all advice/obstacles that go into starting a mobile home park from scr...
I already own a rental house and I was wondering if there’s a way to transfer it into my IRA by buying off the loan with money from my IRA? If this is not possible could I sell it to an intermediary and have them sell...
I'm looking to house hack with my girlfriend living with me. She has a dog two cats and a turtle. If we are living in a duplex is it fine to still have a no pet lease with them?