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Here’s the deal: $1.1M multi family - 4 units. Each unit is 2 bed 1 bath. Somerville MA
Assumptions: we can rent each apartment for $220/night at 60% occupancy per month (about 23 days).AFTER mortgage, taxes, insur...
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
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I figured this would be a good place to document what I'm doing. (I'm sure we can move this if we need.) I welcome constructive criticism. I even welcome someone telling me I'm an idiot. The goal is to write it do...
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I have my first rental property and my first tenant is a needy one. He literally calls at least once a week about a problem. Some were legit, like a running toilet. Others, not so much; such as his wife thinking there...
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Hey folks, I'm interested in opinions - pros/cons on this strategy of new construction for STR income. I am in my DD period with a contract on the lot for $89k. Here's my projected numbers on the deal: My income/expe...
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I really need suggestions, as I have never dealt with something like this before. Appraisals in our county generally take over a month once scheduled. Therefore, most escrow times here are set for about 60 days. We...
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Totally meant to post this like a year ago. On page 292 of the document, which is page 309 of the PDF. That link is to the servicing guide for Fannie Mae loans that was updated on 11/8/2017, so the page number and inf...
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I own a property where I rent out the lower apartment while my wife and I live in the upstairs one. Consequently, I see my tenant quite regularly. I've had issues with this tenant in the past, as discussed in a previo...
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Since we are approaching tax season, and I am new to investing, I figure it would be a good idea to look/interview for a CPA?
Do you have any qualifying questions I should ask?
I figure one pre-qualifiying questio...
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I've run into an interesting situation in trying to buy an REO property and wanted feedback to see if anyone has experienced something similar, knows what happens next, or can offer any kind of guidance on how to land...