I'm going to be doing lease option assignments. I would acquire the right to lease and purchase a home, lock in a few basic terms, like the home price, rent, # of years, and then assign my interest to a 3rd party. I w...
I have a property that produces $539 positive cash flow each month. My question is, when I run the numbers, it shows a negative Cash on Cash return. I believe this is because I borrowed more than the value of the pr...
Hello all. New to BiggerPockets. Currently, I own my primary residence and a rental condo. My question:My primary residence has a mortgage of $3400 and the value of my house is $850,000. Total expenses for the year...
I posted this on my BP blog but figured would probably get more traffic on the forums.**To maximize table and graphs you will need to go to my biggerpockets blog on my profile and click the pictures to enlarge. Forum ...
So,
I'm very new to REI, I've been reading alot on here, some book, and talking to people often. I am going to be going to Boulder, CO in about a week. I was looking to get some advice on some good areas to look at...
Aloha,Many locales have added "source of income" as a so-called Protected Class under Fair Housing. The predominate assumption is that a LL is required to rent to such an applicant. There are varying opinions on how t...
Here's the situation that we're in. I am a doctoral student with:
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little debt (car loan and 35k in student loans),
little assets (3k in an index fund, 7k in a target retirement fund/Roth IRA, 1k in individ...
I am a new investor so this may seem like common sense to some but.. I am thinking of buying a multi family in a relatively low income city. I have heard mostly horror stories from a few investors about bad tenants et...
Hello BP Members,I’m under contract on a 3-unit property in downtown St. Augustine, FL. I’ll be living in one of the units and renting the other two but can’t decide if I should rent the other units short-term or long...
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...