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Me and my wife invest SFH rental locally. Most of the properties we purchased have an age within 20 years. In order to diversify our portfolio, we are thinking to invest out of state. We search so called turn-key prop...
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If one is to go about real estate using a FHA loan specifically the 203k for rehab and purchasing, what will cover the owner-occupied expenses the first year? What happens during the one year period of occupying a mul...
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Hello - looking at a Bank owed 650 sq ft 2/1 in a C+ neighborhood. I affectionately refer to this prospect as the Pee House as it reeks of pet urine. The prior owner had small dogs and you know the rest of the story...
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I'm down here in Texas and through exploring the local area I have found a number of nicely priced duplexes near a military base which got me thinking; Is anyone here willing to share their experience owning rentals i...
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My parents recently had a refrigerator leak on the main floor and the water went down into the basement (in Northern Virginia). They're having a horrible time with the insurance company to assess and recommend reputa...
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Hello All,
We have a tenant in Dallas and one of the tenant on lease send a written notice stating if we do not repair following items she will not pay rent for next month.
Window in master BR/minor fence fix/range...
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L.A.: $111M in Stimulus Saved Just 55 Jobs
More than a year after Congress approved $800 billion in stimulus funds, the Los Angeles City Controller has released a 40-page report on how the city spent its share, and t...
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Cash-out Refi for Florida Condo
$225k, 4.75% - 30 year fixed
Part A
Origination fee: $950 , no points
Part B
Appraisal $635
Credit Report $22
HOA Certification: $150
...
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Hello BP, do lenders look at and/or consider rental property income when applying for a loan? In other words, let's say I make 60K from my W-2 job and 5K from rental income annually. Do lenders even consider the 5K as...
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I have taken over my parents rental properties in San Diego and they haven’t been managed properly. I have a few questions I’m hoping you can help me with. 1. Non of the tenants have updated contracts which I’m workin...