i have found and placed bid on Duplex here local still waiting on financing tho from HML or PML
Please tell me if this fits the 50/ 2% rule if does show me how if don't tell me what does so i can get this pictured in...
Can someone advise me on how to find leads to 2-4 unit properties that fit the 2% rent to purchase price and 50% operating expense rule in an area that is not a warzone.
Thanks for the warm welcome. I was literally practicing the art of the basic 2% rule using gross rents and sales prices. I've yet to find a deal meeting the parameter by following "asking price," but it's good "math"...
Hi all - will anyone offer a general minimum for rent to price ratio? I understand there are many other criteria to analyze a property and market, and I will use all available statistics. However, this ratio is new ...
My mother (retired) owns 2 condos and her own home free and clear. She went to Wells Fargo to take LOCs on the 2 condos to access the equity to buy another unit and was told they would do 60% LTV. Now Wells Fargo wa...
BP community in KC!I am in town for the week and have been looking at thee market here in KC. For people living and investing locally, what can you tel me about your market? What are the tenants like?Is the city expan...
Hey y'all,Can someone help me understand the bigger pockets rental calculator in more depth? Every time I analyze a deal, I always get a negative cashflow return, which seems odd to me. I can imagine that after analyz...
I'll become a first time landlord in the next few months and asking for tips & advice. Does anyone have samples of good detailed rental agreements and applications, particularly in the state of Oklaoma? Should I h...
convert to garage or leave as car port?
Is it worth the investment?
Hi,
I am looking for suggestions on strategies for doing a 1031 exchange for my rental condo (1.05m value in the Milpitas Transit Area). Currently, the rent pays for PI/PT/Insurance.
I plan to buy 2 properties in ...