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studying for real estate license exam and would like to take it soon but need some clarification on proration math probs and I've asked elsewhere but no one has been able to help me or clarify my confusion so am hopin...
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Hi folks. Quick question for the lenders out there. My wife and I trend toward the asset-rich but income-poor side of the spectrum so I'm trying to completely understand our ability to borrow in the future to upgrad...
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Hi all,My tenant's lease expires on December 31, 2024, and converts to a month-to-month tenancy with a $150 rent increase. She informed me on December 1st that she was expecting a job offer requiring a January move-ou...
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I moved out of my primary residence 2 years ago and turned it into a rental. Now the tenants are moving and it's decision time:
1) rent it out again at a slightly higher rate to improve the cash flow (right n...
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Hey BP. Searching for a more sophisticated software that provides real time data and helps manage a real estate portfolio. I've heard of Stessa on a few podcasts and a friend of mine recommended it. Looks like it was ...
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I found a $50k house. I will put $10k down and that will make piti $350. The house rents for $650. Which means:
Total rent collected is $7800.
Total PITI is $4200.
The surplus is $3600
I need to deduct for vacant,...
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This is probably a dumb question, but just wanted to clarify my thinking.
Say for instance I have a property with the following data:
Purchase Price: $50k
Rehab: $20k
All In Total: $70k
ARV: $100k
Monthly rent...
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Within the next couple months I will be buying my first rental property. I will be implementing a buy and hold strategy with small multifamily properties. My question is, how do I narrow down my search to find the bes...
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Should I aim for more Cash on Cash ROI since it is my property or this would be a buy?Will there be any other for see monthly expenses that I may not have taking into consideration? Monthly Income: $2,200.00Monthly Ex...
1. Fiance's parents bought a condo in 2006 for ~600k. Only the mother's name is on the property.2. Fiance lived in the condo for ~5 years with no lease. Basically a grey primary residence for her3. Now have the o...