I never thought I’d be in this position, but here I am.
So, I have a few rental properties, but the utilities, taxes, and insurance were all triple the amount forecasted. Over this winter, the utilities drained my a...
I'm in contract on an SFR and have hit a snag with my projected BRRRR strategy. My question is, does BRRRR work if the initial purchase is with a standard 20% down investment loan? It seems to me that much of my cash ...
Any of you who listen and follow the Ramsey debt snowball school of thought have a conflict with securing an investment with a mortgage outside of your personal home?
He says only buy real estate if you can pay cash ...
I have a high net worth individual that is willing to invest with me and I'm not sure how to structure the partnership. Along with some property holdings, I have a construction/property management company. We would b...
Hi there all -
This is my first post here- this is complicated, but hopefully someone will have the patience to read through this and offer some thoughts.
When my wife was 13 (1978!!), she signed some papers to rece...
This property off market and in the Houston, TX area and is technically a 5 plex. Triplex in the front and duplex in the back. They are separate. The NOI is 31,000 with expenses around 15,000. Listed at 215,000 with A...
Our credit is excellent, but being self-employed, we can't document our current level of income for more than just the last year. Our lender wants us to document for the past two years, so now is asking for a cosigne...
When screening tenants, income is at least 3 times the rent (traditionally). Is that 3 times their Gross income or Net income? I assume Net, but being a rookie, I don't want to make any assumptions. Thanks!!
Up front caveat: forgive me if this has been discussed at length already or if I word some things wrong :). I did some searching in the forums and couldn't find anything quite along the lines of this idea.
Right no...
Here I go int jumping into the game of Landlord or maybe airbnb owner. I am quitting the 8 to 5 and concentrating on this. I was a property manager for a decent company and want to do my own thing. May even take care ...