How was that "income of 3X rental" figure arrived at and do most of you hold to that figure for your rentals?Also, for renting out a room in a home do you follow that same concept of 3X?

I'm sure this has happened to all of us.
You fully underwrite a potential acquisition. You analyze the T12, look at the comps, plug in your debt terms, and determine your capex budget.
Sometimes, this can easily t...

Hi everyone, I have heard a lot about DSCR loans, which sound promising for several reasons (feel free to give your opinion if you think otherwise). However, I'm wondering how to manage the disconnect between the comm...

Beautiful 2 bedroom 2 full bath cabin at Gatlinburg Falls Resort in Gatlinburg, TN.  We bring in between $50-$60k per year in rental income.  The location is 10 minutes from the strip.  I'm looking to get around $715k...

I found a 6 unit that "supposedly" gross 40K. So I ask for the income and expense statements, not sure what they are called in the real world, and the agent says that owner managed the property himself for the last 10...

Hi everyone! I'm a new REI looking at getting into multi-family rental properties here in Phoenix. I started looking into some properties and found some with seller financing options. I found 2 properties with the s...

Hey BP,
How do mileage deductions work in a partnership structured as a multi-member LLC? Are the miles I drive only deductible to my share of the rental income or is it deducted from the total income of the LLC fir...

Hi guys, I'm new to investing. My first potential purchase! Having a little trouble deciding if this is a good deal for me or not. I'm in Fargo North dakota. This is a three plex in a older neighborhood. House was bui...

Bank note for 22MM, bank is wanting to sell for 8MM. Has a negative cash flow right now.

398 Units, 1,2 and 3. New roofs in 2004. Updated units 1998 and 2003-04.

Rents are below market rents. Complex's nearby ha...

After re-reviewing past income statements and doing my budget forecasting for the year I was thrilled to see I hit 38% expenses against my 2014 Gross Income on one of my rentals.  But after some research on getting a ...