I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
I'm looking at houses in Las Vegas that unless you pay cash, don't cash flow at all, and in most cases are a loss. So how are people making money with rentals in Vegas on 20-25% down financed properties? Appreciation ...
Good morning everyone, it's been a year since I last showed up here, looking for advice from investors with proven success records in real estate. I took your advice but was too timid to take the first step and dive ...
I am a 25 year old Realtor and recently purchased 2 homes for investment purposes. Both of them were bank repos and are located in a great area. My goal was always to get as many rentals as possible.
House #1 - One ...
Hey guys,If a property has two single family homes on one parcel, could it be eligible for conventional small MF financing? i.e. be underwritten like a duplex?Thanks in advance!
backstory: bought a house in Charlotte, NC with 100% financing back in 2006, lived in it for 3+ years, became rental after that. No equity so can't sell. Property became vacant a few months ago, I now live in Clearwat...
Hi Everyone,I am looking to see if anyone is able to offer any advice on my current situation. Any help would be greatly appreciated!I currently reside in Chicago and bought my first property, a duplex, in August 202...
Hello, I have been bouncing this idea back and forth in my head and would like to just post it and get some feedback. I have a potential to rent my current home which would be my first and buy another home. Here are t...
Hey BP. Currently have an offer in on a property. The seller/owner is willing to do owner financing. Zillow has it for 200 + and the county has it listed as a multifamily. We have agreed to write up the contract for 1...
How do you guys recommend setting up property operating accounts (e.g.; checking) for multi-family apartments? Do you have an operating checking account for each property? One account for all your properties? #AskBP