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Question for all the agent/brokers out there. I would like to buy a property that has been contingent twice, each time falling thru after inspection. I understand previous inspections reports are the property of previ...
Hello all, I am not at the point where I am ready to pull any triggers but I am actively analyzing houses around my area. I decided I want to use an FHA loan and possibly house hack a duplex with it. My question is do...
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Inflation has only dropped my .1% and Feds are ready to do whatever it takes to drop that. I have been hearing on the streets that interest rates could* go to 12%+. That would be pretty scary heading into a full on re...
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Wondering if any of you out there have some sort of "formula" you use to estimate repairs/maintenance and vacancy reserve costs when evaluating a new property?
I have been sort of guessing on mine so far and doing 5% ...
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Hi everyone!! Thank you for reading!A little about me: I've saved money for years to buy my first prop and will short term rent/Airbnb. My budget is around $500-700K. I'm preapproved up to $1M but that's a level of ri...
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I am fairly new to BP and the wealth of information is absolutely amazing. Quick background on myself. I had several rental units prior to Hurricane Katrina (yes, from the New Orleans area) and all of them were wipe...
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I know most here will rip this deal to shreds and says its too thin, but why? What am I missing. The property is a duplex in immaculate condition and rents for $1,500 per month. I know this neighborhood like the back ...
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Good afternoon y'all. I'm a pretty experienced LTR and MTR investor in Texas. I'm looking at perhaps acquiring two or three SFR's in the Fair Park/South Dallas area. I don't live in that area, but I frequently atte...
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After my tenants finally left we found extensive damage to the floor from their dog urinating on it plus scratches from moving furniture etc. The damages exceed their deposit and I have sent them a letter stating we ...
So this is an idea that my wife and I have been bouncing around for the last couple of months. We are new to investing and looking for some rental properties. Preferably we would like to start out with short term/Airb...