Andrea Flores
Common down payments on an investment property
I was wondering what the normal percent down would be on a triplex purchased as an investment property. My loan officer right now is saying 30% down because it is three units. However I have never heard this, I always...
Katie Douglas
Common legal issues for owner-occupied property
Hello!I am new to the group but have been lurking for a while. My fiance and I are planning on purchasing a four-plex sometime in the future as our first property. We plan to live in one unit and rent out the others. ...
Steve Kirsch
Estimating common expenses for a rental property
Hello all,I watched the brief video by Scott Trench regarding how to estimate common expenses in preparations of determining rental income potential and cash flow reserves. He discussed simple expenses such as basic u...
Reco Ford
Keep renting or sell
I currently have a rental property with about 150K of equity in it. This was previously my primary residence and has been rented for 1 year. So far the tenants have been paying the rent, sometimes a week late and no...
Bob Santos
Weed maintenance on area beyond my property line
There is a strip of land outside of my property line that my HOA says I must maintain or they will fine me. I sent them proof that it was outside of my property limits, but they said it doesn't matter, as previous own...
Zach Yusuf
Is market analysis important for a newbie?
I’m interested in starting out my real estate journey in Texas, and there are a few markets in and around major cities. I’m not sure how to get started with market analysis so I can compare various cities then neighbo...
Karine Ingraham
What to do with a snowbird rental?
Hi All! We are looking to buy a single family in Tucson for my MIL to rent from us in the winter. My husband grew up down there so he has some familiarity with the area.We are wanting to hold on to it for use as a f...
Christopher Middleton
Should I invest in SFRs or a Small Apartment?
I am in the process of selling my 3 rental properties which will leave me about $100k in cash. I am very excited to be in this position, but I am on the fence about purchasing more single-family residents, or if I sho...
Leighton Adams
malicious mischief by tenant, water damages multiple condo units
A tenant caused water damage to my mid-level condo. The water went down to the lower units and caused water damage there. My insurance is covering her damages to my unit under a malicious mischief claim. The damage wa...
Anthony Santos
Investing in Puerto Rico
Hey there fam, I have a couple of duplexes in upstate NY but i work in NYC. I have family in puerto rico and I go there almost every year since I was a kid. My dream has always been to live in puerto rico and have a ...