Hello Bay Area BP folks and others. I've been wanting to invest in real estate for awhile. To get started with a low budget I've always thought an in law unit aka ADU, would be a great way to start. My backyard thou...
Hi AllConventional loans for residential property cover single family, duplex, triplex or fourplex. If I want to maximise each available loan without going into jumbo loan territory ($424k limit) it would be ideal to ...
My dream when I went off to college was to live for free, and achieve the American Dream of owning my own home. In 2007, I bought my first house in Tucson, AZ. I rented out three of the rooms and at 18 years old I was...
I know there has been much discussion lately on allowing therapy animals. I have never been asked, until now. Phone Caller: Do you allow therapy animals? Me: Do you have the proper paperwork for said animals? Her: No,...
Hi, my name is Michael and I'm new here. :)A little background.I am what I call an accidental investor. Basically, I bought a condo in San Mateo but I had to move out of the area for work during the housing crash. I c...
Hey BP!After all expenses are subtracted, what's it the minimum cash flow you shoot for on a single family home?
I'm just holding and waiting to see how this texas market holds up for a while. Applicants for rentals are plentiful. Meanwhile, I'm broadening my horizons outside of RE for the ducks of it. What are you all doing? Me...
I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
One of the questions I get asked a lot by investors who want to invest in Kansas City is, "What zip codes are good to invest in?". Any seasoned investor will tell you that this depends on several factors such as: amo...
Hi all, I want to start a thread about the pros and cons of listing STRs with a personal individual hosting account vs as a 'brand' or 'business' account. I currently own and self-manage two STRs in Maine and should b...