Dan D.
Tell us about your expenses
I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...
Henrik Frank
Do the 50% and 2% rules apply to condos?
Since many condos have outside and structural maintenance built in to the HOA fees - do the rules still apply? I realize that some maintenance always will be necessary, but it seems some of the bigger ticket items can...
Ro'Maine Pryor
Portfolio Lending - Memphis
Good morning team. I am about to dive in with a buy and hold strategy in mind. I need to know whether I should max our my own credit or use a portfolio lender to obtain multiple properties. Does it matter if I use ...
Jordan Greer
Is this a good deal?
Hello everyone,
I am new to real estate investing and would like to take advantage of the wealth of knowledge investors on this site possess! I currently have a deal in the works for 2 townhouses built in 20...
Henry L.
A place near me, or near my family?
Hi Everyone,I'm trying to decide right now between buying a place near San Marcos, TX, or buying one near me. I've used the calculators, but could you help me think this through? San Marcos: It's near my family, an...
Keeya WangJones
Low interest rates, upfront cost, and points
Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!
Greg Cothran
50% Rule Clarification
I am currently in the process of analyzing deals for my first investment property. As of right now, I think my niche is within the Multifamily investments. I am able to find a ton of cash flow positive properties that...
Yan B.
New to landlording, considering my first property (IL)
Hello everyone,I am seriously considering becoming a landlord, and recently I started looking at the "starter" properties nearby. Found a three-unit property with the asking price of $150k, property tax of about $7700...
Rhett Tullis
100 plus unit mgmt fees
what type/range of management fees are you paying for 100+ unit complexes in your area? I know many of you will hire your own on site person but if you are hiring out to a PM biz what are they charging you and what ...
David Smith
MOTEL bank financing?
around 60 units in Midwest. current 50% occupancy --- gross income: $500K expenses: $210K -- price around $750KIs it an OK deal?For buyer, what type and term of loan to get ? how much down payment needed? 25%?