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I’ve seen in posts and in books advice to newbie investors to find cheap properties in low income areas, but to stay away from properties “in a war zoneâ€. But these posts and books never quantify what the diffe...
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First time landlord working with a property manager to rent a large, very clean, single family home in a Los Angeles suburb. What are acceptable tenant credit scores and requirements for cash reserves? I see that my ...
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I am in the due diligence period on a short sale. The inspector found mold in multiple places in the finished basement. The house has been empty since July and the utilities were turned off. I think that is the ...
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Pretty much any house you walk into in America has compression shutoff valves at the water line hookups under every sink and behind every toilet in the house. These compression valves where never designed to last. The...
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Could some one double check my math?Good morning everyone. Totally selfish question but, I am in negotiations with a landlord who wants to sell 2 quadplexes in St. Louis. I am very green when it comes to multifamilies...
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Hello BP,so I have acquired 3 turn-key properties since when I started in Summer and in process of closing on 2 more.Out of total 5, 2 are relatively close by (PA and NJ) and I have seen them and believe those are gr...
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Hi! I’m a recent grad (kinda-c/o2016) & I want to buy a duplex in Milwaukee,WI. My plan is to rent out one unit and live in the other. Between student loans, bills and just adulting, it would take me years to comf...
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If I buy a single family home to rent out in my name with a mortgage in my name, then quit claim the deed to my real estate LLC with the homeowners insurance for that property in both my name and the LLC's name, will ...
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When a sub2 transaction goes through and you have a l/o to a t/b for a set time (2-5yrs), if the seller wants to get another house will they be able to qualify for another loan? If not, what do you do or tell them?
M...
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I'm getting ready to do a "2-fer" and, with a partner, rehab two homes for rentals. My partner is experienced and I intend to ask him the same question I'm asking here (and I know he will thoroughly educate me which ...