Hello, I currently flip homes and I'd like to start buying rental properties, is there a current formula I should live buy when barrowing funds to purchase?
I've done a rental analysis on a potential rental property where I'd be charging $4200/month and the monthly expenses have come to $3635(Mortgage, tax, insurance, vacancy, cap ex, maintenance, Manage, HOA). The report...
Has anyone come across a PITI calculator, that will tell you the purchase price, given a particular PITI.Thanks.
I am interested in some meet ups and am located in San Antonio Texas. If anyone knows of any meet ups or would like to set something up in the San Antonio and Austin area let me know. I am pretty new to investing in...
I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
Can anyone recommend a good company to use for tenant screening? I am in Virginia Beach, Virginia but I am open to using online sources. Thank you in advance
As the title says, does an attorney need to be licensed in the same state as in the state where I am buying a property?For example, I am buying a property in New York state, and I must hire an attorney who practices i...
Hi, there! I’ve owned some properties for a while, and they all rent out. But now I’ve got a problem. It ‘s too hard to track every rent payment cuz these rooms are rented out to different tenants. Some of them pay me...
I am in California and I am looking to buy rentals in other states, in the most popular rental locales that are mentioned here on BP.
Ideally I am looking to find rentals that are tenanted and ready to buy. I intend...
What are the actual differences between the two? A lot of websites claim different things so I’m now confused.