Hello everyone, happy holidays and Merry Christmas to those who celebrate! This is my first time posting on the forum; I have a background in finance but am new to real estate. Curious of everyone's thoughts on the re...
It's part of my rental policy: household income must be at least 3 times the rental rate. But most of my homes are renting around $1k/month or less.Should this rule apply to high end homes that rent for $3k/month or ...
I've been real estate investing on the west coast for about 5 years, but prices are getting so high here that it's tough to find attractive cash returns anymore. So I'm starting to look for out of state opportunities...
Hi- am writing an article on the SBA Disaster Loans... and want to talk to someone who has gone through the process. Please contact me asap- thanks!Lisa
Hi EveryoneWhat laws cover contracts with contractors in California? And are there good resources covering these laws? The contractors to be covered under these laws are roofers, remodelers, ect.Thanks
Hi everyone. I was wondering if there are any good books to navigate the world of liens and how they work( mortgage, tax, child support, builder, etc) . For instance if a person owes a mortgage on a property and it go...
How do you guys apply for construction loans on BRRRR properties if you're limited on funds?I have about $30,000 for reserves and can only get bank approved for upto about $300,000. Does anyone have any suggestions o...
Hi, I recently bought a triplex in Florida that was built in 1920. If anyone here knows real estate in FL 1920 is super old and there is obviously a ton of damage to the property. It needs a new roof, this is my first...
I've heard of 1% rule for buying rental properties (1% of purchase price in monthly rental income). Does that apply all the way up to large multifamily as well?
Hi BP,My wife and I file tax report together and we are thinking to take conventional loans individually w/ the hope go beyond the limit of conventional loans. The questions I have are:- Banks can see all our rental r...