On Friday I’m set to close on 7 rental properties (3 vacant 4 rented) with the four tenants in month to month leases. So a couple of questions....Should I have the current tenants sign a month to month lease with me u...
I've been looking for my first investment property(s): I'd like to keep my cash outlay to $50-75,000... I have a pre-approval for a Lo-Doc, non-owner occupied loan up to $500,000, 25% down, 6.25 interest, 30 years --...
Tenants moved in three months ago and we have already replaced two toilets in the last two months. I got a call this weekend and my maintenance guys worked on it, saying sewer line is clear but some thing is stuck in ...
Hey all,Very excited to be making my first post here on BP!I am a finance and accounting professional from Los Angeles looking to diversify my investment portfolio through real estate. My primary goal is long-term app...
Most of us on these forums strongly consider multi-family to be a solid investment, but not everyone fully understands why. On the other hand, many people have fears over a stagnating economy... We can only go this ha...
So we are ready to get our first house and we have a schedule to have it completed in 8-10 weeks and on the market right after that. We have talked to our realtor we have a plan, everything laid out but I keep gettin...
Hello,
I just started in the RE flipping business. I talked to several Realtors. The two that I find them helpful have been telling me the profit is very very thin in the Phoenix market. I am looking for SFH with rep...
Hey guys,I am trying to do some bottoms-up market analysis. Figured you guys could probably point me towards a data provider that would have city level data exportable to excel so you can manipulate it. I don't mind i...
This should be a fun topic. For arguments sake lets say.... You have 1 mil net worth in rentals. Positive cash flow. Let's say it's all financed through the bank with 20% down on each. That makes 20% of it your cash ...
Is it legal to host Airbnb in Lowell MA? Do you need to obtain a permit to do so?