Jack Lane
Significant property value increase, Expecting 15K windfall
This is my first post. Thanks for your comments, I bought my first house 3 years ago for 95K, I've put an additional 20K in renovations and I get 1.4K per month in rent. I estimate it's current value to be about 150K....
Brandon Duff
401k and rental property.. significant other Woes
Hello,
Anyone else have a problem trying to talk their significant other into investing?
She is already doing it.. Through her 401(k)
She contributes around 800 monthly with a 100% match up to 4% of her income 77k
$...
Josh B. James
Increasing rent on a significantly underpriced rental
We have a rental that is currently under a month-to-month lease. The current tenant has been paying $825/ mo, on time, for the past 3 years, but market research suggests we should be charging $1600 - $1700/ mo. The te...
David Stafford
Significance of ARV based on cap rate
Just trying to get my head around this concept. What is the significance of the ARV based on area's typical cap rate?I ran numbers on BP Rental Property Calculator and under Financial Projections is "ARV based on Cap ...
Account Closed
The Most Important Partnership (AKA Significant Other)
Being a fairly new investor I can whole heartily admit I have caught the bug. This is my calling. This is what I want to do with my life. My motivation is fueled by the thought of living the life I want to live with m...
Sean Dezoysa
PreForeclosure, $40k equity, 6k arrears, significant repairs
Hi, I have a preforclosure that I found via door knocking. Here are the details:
ARV ~$143k
Principal balance: $102,100 1st, no 2nd.
$875 payment which includes PITI, fixed rate.
3 other ...
Max T.
Broken lease, significant rehab, 0 days vacant
Tenant informs me that he and gf have to move out several months early (mental health). Would I allow him to break lease?
I check calendar. The best I can do is one month early. Not good enough for him but he accepts...
Rj Sayler
Significant Net Operating Loss effects on Underwriting
If in 2023 I take a large loss on my properties while a renovate them, but they start cash flowing in 2024. Would there be negative impacts from a underwriting perspective?
Angelo Wong
Statistical Significance of A Location's Well-Being
Hi,My business partner @Andrew Wong and I are running into a problem of basically not knowing whether or not a unit we have is "good" or not.Context: We rent units from landlords, furnish it, and sublease it out (with...
Shefali R.
MTGLQ LP (Goldman Sachs significant Sub) REO
All - I am interested in a New Jersey property that was recently foreclosed on by MTGLQ, which I understand is a Goldman Sachs subsidiary that bought this loan as a part of a large NPL portfolio from Fannie. Questions...