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I just put in an offer of $463,000 in Portland. This 3 bedroom 2.5 bathroom duplex with 1276 sq.ft each unit built in the year 2000. One car detached garage for each unit however there is a fire hydrant in front of t...
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Hey all!
My wife and I just found this site a few weeks ago and I am blown away! What a wealth of information. I have been soaking up as much information as possible. My wife and I would like to get into REI to bega...
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Hi I’m looking to get into wholesaling I’m in PA I’m willing to travel the tri-State. In need of a mentor someone I can shadow under. Or any close by local REIA will be appreciated. My goal is to become an RE full ti...
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I’m currently reading The Millionaire Real Estate Investor and obviously enjoying it a great deal. Highly recommend. A common theme in the book is “buying right”. Of course, I believe in the mantra “you make your mone...
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Hey guys,I am looking at a property in Western, NC to purchase and run as an Airbnb. I have heard Tony Robinson and Rob talk about the 10% down second home loan mortgage option numerous times.Does anyone have a lender...
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I understand the tried and true 50% rule (or guideline) for rentals but that is based on apartments, i.e. multifamily dwellings.
What's the rule for single family houses?
I would assume it would be lower as expenses...
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Hi! I'm new to BP and I'm a brand new soon to be landlord. I have my first rental property listed, and have a question about when potential renters typically complete an application.
Do they normally do this before o...
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Hello , Hello fellow real estate enthusiasts,I hope this message finds you well. I am excited to delve into the world of real estate in my local area and embark on an investment journey. However, I am aware that this ...
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Hello everyone and thank you for taking the time to read this. I hope your business is doing well? As a new REI, I have heard and read about several different ways to evaluate a property. I am interested in hearin...
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Is there any banks offering a HELOC on a rental property? I moved in with my fiancé and have renters in my house, and trying to get a heloc for a down payment to get to a second rental investment. Any suggestions are...