My fourth city for SFRs is Montgomery, AL. This may be my favorite. There is a ridiculous rent to monthly mortgage ratio, and I'm flirting with a 3:1 on the second one ($925 rent, $311.37 mortgage). I use AHI as a pro...
My wife and I own five rental properties. What is the best way to protect ourselves from potential lawsuits, etc?1. Hold in our own name and purchase liability insurance (incl. umbrella insurance)2. Create one Real...
Anyone understand how HUDs new loss mitigation concept supposed to reduce mortgage payments? I'm not getting it. Particularly this paragraph here. I just don't see how the extra 2nd mortgage is supposed to (temporaril...
Does anybody have a good workaround for city ordinance restricting more than five unrelated occupants in a single-family residence? i’m referring to multiple bedrooms for student housing in the scenario.
I have a financal advisor on retainer for "asset management" but am trying to figure out what to do with my primary residence. I'm somewhat interested in real estate investing and may want to do a 1031 exchange (a...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $201,000
Cash invested: $40,200
Wood frame building built in 1930. Two units on the 2nd floor. One unit on t...
I meant Thanks Brandon, but can't fix it. :)subletting, smoking in non-smoking, late payments, no payments, refusal to pay just one, out of what should have been many, late fees, lug bolts in walls, new boat, new car,...
Hey Guys,I’m in the process of purchasing 11 different properties from a single seller and trying to figure out the best way to structure the sale. The deal consists of five SFR, three condos and three duplexes all fo...
Hello BP family! Just asking for recommendation for Cost Seg Company in Tacoma WA?Thank you!
Saw this on Forbes and while not really shocking or surprising..thought it was interesting. Cleveland,OH comes up at the top of this list for "Investor Opportunity Rank" . Then Detroit, Columbus and Indianapolis.At le...