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I just got out of the military, my mother just passed away recently, and I inherited it. Still in probate process, and getting my name on the title. It's being cleaned up, fixed up with new floors, painted walls etc(I...
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I am looking for options besides FHA (high fees) and the standard 20% down for a multi-unit in Philadelphia, but I can only come up with 5% down for now.
Are there any conventional 5% down mortgages for multi-famili...
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Hi all.
I've been reading a lot lately about institutional REITs and came across this article today: Starwood Waypoint Rises in First Day of Trading as a REIT (Bloomberg).
"Corporate landlords hav...
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Hello all. I am a 32 year old construction manager in North East Texas. My wife and I bought our first home 2 years ago and through modest remodel we have added $20k in equity. I have been interested in real estate in...
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First, I want to give a HUGE thank you to those of you that have inspired me and a HUGE thank you to Biggerpockets for being one of the main reasons I feel comfortable to make this large jump into becoming a Real Esta...
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I am pretty exciting and looking onto my next investment. I wanted to ask everyone's opinion on this. There's 5 condos for sale for approx. $225k total the condos bring in $3650 in rent roll. There's a monthly fe...
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Hey All,I am getting ready to close on a fourplex that needs alot of love. I worked with the seller to get some of the work done, and paid for by him as part of our deal. However, the one thing he wouldn't budge on wa...
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Hi Everyone,When running your numbers on single family homes for long term rentals do you change your regular maintenance and CapEx reserve numbers when looking at homes of different ages? For example, a home built in...
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These taxes are killing me! I have 5 active rental houses & 1 land contract. Everything I make goes right back in to them or more property But yet my tax bill is HUGE! Is there any way I can show on paper I reinve...
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I'm finding myself running a minimum of two calculations per property when figuring the monthly cash flow. The reason is if you calculate using CapEx, Vacancy Rate, Repairs which are subjective(not actual) they affec...