A rehab is nearly done and the occupancy permit will be granted shortly afterward. I still have to take care of the hardwood floors and paint after moving in. The painting shouldn't be too bad, but about those floors,...
Everything I read so far has the 2 terms separated, yet they both seem to mean the same thing - seller keeps the loan, you put the property in land trust and assign yourself as beneficiary. You make payments to the se...
In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...
I just want to see what I can learn from people that are investing here in Texas.I would like everyone to just leave one thing about investing in Texas.I'll start:Don't depend on the oil business to keep your rentals ...
I signed up with a company to submit performing notes. I did submit a note but the seller did not accept the offer. I have since stated going on line and finding other places to submit. Is this the best way to go ab...
Hi there, I am a CA bay area resident with about 60k of capital looking to break into the real estate market. I have read a lot on the forums and listened to a lot of podcasts and am leaning towards investing in mult...
We started buying this year and have three properties. One came with tenants, one is mid remodel and one we filled in June on a 12 month lease. So, until now, month 5 of that 12 month lease things have been fine. PM h...
I'm looking to buy my first rental property. I live in CA and want to buy out of state. I am a buy and hold investor looking to buy a small single family home that at most needs major cosmetic work done. My question t...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...