Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...
When it comes to selling properties, I firmly believe in maintaining transparency throughout the process.
Let me share some insights and experiences regarding this important aspect.
● Resident Impact. Hey, we ...
Okay, so I'm ready to begin investing in RE. I currently have a primary residence home with about $225,000 in equity, and I have about $25,000 liquid, and a credit score in the mid 700s. I am also a part time Realto...
Hello,New to REI here and I am considering purchasing a new primary residence while renting out my current home. I am hoping to get some direction on the best strategy for my situation.Current home in a LA suburb- $7...
With so many "experts" on Section 8 pushing courses out there right now I was tempted to get into Section 8 rentals. I would use a property manager to manage them as I only have experience with traditional rental prop...
Hello everyone!
I’m an 18 year old real estate agent also in college as a business major. And I have a few questions.1. What are some work arounds to getting a mortgage if I do not have 2 years proof of income?
2....
I've been kicking around an idea to get more cash flow in my local area, which I know very well. Specifically in the neighborhood where I live, it is an A-class development of 5-15 year old townhouses. We have a mix...
I live in Washington near the border to Idaho. I'm interested in investing in Idaho, but I have zero experience with Idaho taxes (or state income tax at all for that matter).Questions:I've heard that property taxes i...
Hello,I am looking to build a 4 Plex in PA.I am in the preliminary phase of planning and my questions relate to entity structure, taxes, and finances Background:Land Cost $10K Build Cost $200KAppraised Value at comple...
I could sell my primary residence in Kirkland for 350k in profit. I have rental in Seattle which is cash flowing 1.3k per month. I want to sell my primary residence so that I can be cash heavy during the downturn an...