Erik Sherburne
Investment property mortgage rates up - Fannie Mae changes
Anyone else see this?http://www.mortgagenewsdaily.com/channels/community/969950.aspxIt was sent to me by my broker.Short version, Fannie Mae is reducing their 2nd home/rental property portfolio to 7% of the overall lo...
Rob Golob
Farm land value based on income
I'd like to get some opinions on rented farm ground value based solely on "investment value" so to speak. CAP rate, I'd say? In other words, forget the prospect of it being in LA (presumably high value) or Wyoming (...
Account Closed
Investment Property Tracking
What rental tracking software does anyone recommend. I have 34 units now. Starting to get burdensome with all the paperwork. At one time I had quicken and was not impressed or I was to dumb to use it. I am looking for...
Russ Loven
My First seminar about real estate investing is tonight
I’m going to my first real estate seminar tonight. It is presented by Than Merrill. Is there anything that I should ask or listen to or do while I’m there to get me further ahead on making my first deal?
David Boroughes
Deal or no deal on apartment complex
Looking for thoughts on offer price, I have an idea, but want to see what others think.12 units apartment complexasking price $1,000,000Gross rents $100,000Total of all expenses $35,000NOI $65,000down payment 25%Finan...
Account Closed
Property Manager Woes
We recently fired our property manager for a bevy of reasons and have a new company with a stronger reputation managing our properties now. The old PM had a clause in their contract stating they required 30 days not...
Colton Hector
Owning a duplex near a major freeway? (Los Angeles)
Hello,
I am a first time investor buying a duplex (with land to add an adu) in Echo Park/Angelino Heights. The property is a beautiful craftsman home with a single 1b1b unit in the back and excess land. The one dow...
Raymond Dagar
1% Rule Still Alive?
Hello, I searched the forums prior to posting. Is the 1% rule (or guide) still an effective means to ensure positive cash flow? I am still finding these opportunities but what I am seeing is when other investors want ...
Jamie Smith
Buying with my LLC
Hey everyone. I am a new investor; I have taken out a HELOC on my primary residence to help with any RE investing cost. I want to buy my 1st property through my LLC, but I am pretty sure a lender will still use my per...
Mike Bonadies
Addendum for keeping the same lease but changing the unit
Hi BP Forums,I have an interesting scenario for my first property that I hope someone has experience with. Ultimately I am looking for an addendum that states something to the effect of: "The Tenant has agreed to chan...