If there's an MFR (2-4 units) in LA in which the total rental income covers PITI (principal, interests, taxes and insurance), wouldn't this still be considered a good deal?
Here are my thoughts:
1) I wo...
Hey BP. I'm kinda freaking out about taxes. I just started real estate investing half way through the year and am about to buy another rental. I created an LLC a couple of months ago in preparation for the second unit...
I have been investing in real estate since June of 2015. It all started as a hobby of some sort for a little extra cash after reading Robert Kiyosaki's book Rich Dad, Poor Dad. My first house ever purchased was a shor...
Hello Everyone, I am new to money lending (I have funded one mortgage so far) and I am trying to decide if I should proceed with a first mortgage opportunity.The property was appraised at $150,000 but the appraiser ma...
I own and manage a rental unit in the duplex that I also reside in, and have always been very careful in screening my potential tenants. However, I just received notice today from my current screening agency (landlord...
HII'm new here to BP and loving all the info and advice. I currently own 3 rental properties in Salt Lake County Utah (townhouse, duplex, condo) and I am looking into bigger and bolder RE. I am under contract on a 6 p...
My husband and I are thinking of house hacking one of the last non-renovated homes in a very affluent neighborhood. It is going for just under 200K and will likely need another 200K to bring it to its full glory and a...
Hi all - I'm considering buying into a house hack situation, a 2 or 3 unit (most likely 2) building that has the potential to duplex. I would live in the duplexed unit and rent the other(s). I'm also open to duplex ...
Recently purchased a fixer upper, hoping to do a BRRRR on it. I would like to buy another property this year also. I have 60k in cash at the moment, rehab costs to property would run about 50k . Is it better to borro...