This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...
I have been crunching numbers on a lot of properties and so-called-deals and not sure if I am missing something, or just not seeing it.Purchase Price - 100,000Loan Amount - 80,000 (@5%, 30-yr fixed conventional)Rents ...
Yes, I'm still in lurker mode. And yes, I do realize I have to respond to several threads I started.....and I'll get to them. I just wanted to make a quick observation and say that this NYC area of the forum is very...
Tax implications of selling a long term rental property that has appreciated and been leveraged.Hoping to better understand my current situation, appreciate any insight.I have a home that I purchased in 2012 for 32k. ...
I was recently told that I don't qualify for a conventional loan because of my debt to income ratio due to college loans. I don't have an astronomical amount of debt and no other debt besides my wife's car payment and...
I purchased my first duplex a month ago with the intention of owner occupying the back unit while I fix it up and eventually rent it out. It is located in Gardena, CA which is in a non rent control part of Los Angeles...
Hey BP Community,My wife and I live in Korea and leverage borrowed money, often hundreds of thousands of dollars worth, from our tenants at 0% interest to purchase undervalued properties. Sound outrageous? Read on.[I'...
I was hoping to get as much input as possible on my first deal
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purchase price- 300k
down payment- $10,500
fha owner occupied 3 unit
$1050 a unit gross rent
$2650- p.i.t.i,
vacancy rate- 4%
low maintenance, built...
What is the best cash flow strategy in your opinion?
I was told that owning cash flow residential properties is a pain because of having to deal with the maintenance, tenants and sometimes property management compani...
Hello all. I have money in mutual funds which have been doing fine, but if the market goes down again so does my money. I always thought buying a rental in San Diego (where I live) was out of reach and then someone to...