I would like to know what criteria you currently use for your buy and hold properties.
My current buy and hold criteria are:
sfr built after 1990
1300-2000 sq. ft.
3 bed 2 bath
Central air/ heat pump
City water and ...
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Hi, on 9/20/2013 I bought my first rental duplex through a bank loan with 25% down. Now I have to wait 2 years for the banks to accept my rental income towards my debt to income ratio. I have no debt besides the mo...
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Hi everyone,
Has anyone dealt with purchasing properties in FEMA declared flood zone? Any word of advise besides additional expense on flood insurance. Many properties in CO got flooded last summer and were c...
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My name is Vera. It is great to have found this awesome forum! I have already received some valuable information from this site. Real Estate is a new exciting venture for me. I am starting my real estate business ...
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Just a question to elicit opinions. If as an investor, I would NOT choose to rebuild if something catastrophic (tornado, fire, etc) happened to one of my properties, why not carry ACV instead of RCV insurance. If my...
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I am trying to understand the implications of the IRS not-for-profit rule.
Let us assume:
- I have a group of rentals
- Each of these rentals shows losses for Tax purposes (rental income less: pro...
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This is more of an informative question for a contractor to be working with a developer. Since my journey on trying to get into RE, I stumbled on the power of OPM or from lenders. Ever since our company operated, we h...
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Hello everyone!
I am a first time home buyer and first time real-estate investor. I am purchasing a nice 3/2 mobile home from my grandparents and plan on renting it out.
I am in the process of getting insurance quo...
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Hello, I used to have umbrella with GEICO that was pretty affordable, but once I purchased over 4 properties, they refused to carry my insurance and referred me to their sister company RLI. This company charged me a b...
Three, 2 bedroom 1 bath duplex's . Market Value $195,000Purchase Price $175,000 20% down, 30yr amortization $751.55Yearly Expenses Property Taxes $2,000Repairs/Capex $5,508Insurance $2,500Vacancy 10% $3,060No pro...