I'm looking into getting my broker license in California and was wondering if my work experience qualifies as "equivalent experience" for the 2-year requirement. I currently work for a real estate investment, managem...
So I was wondering what sort of reserves everyone keeps on there properties. I know most people are saving a percentage of the rent for vacancies and cap ex. When you do get a property bought and rented are you keepin...
Hi guys
I'm new to real estate investing and I was considering applying the 50% rule to my deal analysis prior to asking my real estate agents for actuals.
I'm assuming this will help build credibility with them and...
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I have several single family properties and am looking to get into multifamily. I have come across an 8-plex listed at $560,000. Each unit rents between $615 and $750 for a total gross rent of $5530. There is a $18...
Just brought my first duplex on Tuesday. I moved in and received my first months rent. What is a good spreadsheet to use to track income and expenses?
Hi guys, quick question regarding the Fannie Mae owner occupied program. This last March a used the 5% down program to buy a duplex in NH. If I live in the property for a year, can I use the same program to purchase a...
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...
Hello everyone,I feel like I should've been able to find the answer to this question by looking through the forums but for some reason I cannot find it. So forgive me if it was right under my nose. So, when calculati...
Hey Guys, I just purchased a triplex for 127,000 - 30 year mortgage.I am trying to figure out what i should be making each month off this house? I heard that if you make 10 or 20% of the amount you rent for per month ...