Hello all, I’d like to introduce myself to the BiggerPockets community. About a week ago, a couple of friends reached out to me and pitched an idea. They wanted to team up, invest a large amount money and start the ...
Hello BP,I'm running some numbers on a 3 unit that I'd like some advice on. It's a duplex with 2bd 1.5ba each unit, with a small two bed 1 bath house on same property. Here are the numbers I've crunched:Asking Price: ...
How much do you hold in reserves for each rental? Do you hold more or less for property type? (I.e. Condo vs Duplex)I've heard 6 months but am curious what others are using.
Some of the houses I've been looking at in a particular neighborhood have cinder block-type walls.
Here's an example: http://www.idxre.com/homes/6/2/5117-ARGO-WAY-SACRAMENTO-CA-95820/12065119
I've never owned a hou...
I'm probably overthinking this, but is it common practice to provide any kind of cable TV or Netflix etc. in a STR? I have been strictly renting to MTR tenants and have provided nothing more than a smart TV and intern...
I'm looking for some feedback on my calculations, and for some insight from those that are working in the Seattle (or like) market right now.
We have a luxury town home we are currently living in that we would like ...
Hi All,I am in a pickle and I hope someone can help me navigate this difficult situation. 10 years ago I bought an apartment in Las Vegas. All was good and HOA fees were reasonable. In the last couple of years HOA fee...
hello everyone, quick question.
so at the current rate that CA real estate is going, at minimum a decent home is $500k, meaning I need close to $100k to avoid PMI, and have a decently affordable mortgage (with my inc...
I have an issue with an A/C unit we had installed last year. The compressor is already fried supposedly because the install tech didn't wire everything correctly. The service company that came out wants to set me up w...
Hi everyone,
I hope this finds you and your families in good health. Currently, I am living in Los Angeles and am looking to purchase a multifamily home to live and rent simultaneously. Given my low budget and Los An...