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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.
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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"...
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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...
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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 ...
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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...
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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...
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convert to garage or leave as car port?
Is it worth the investment?
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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 ...
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So I have been doing tons of research and talking to a lot of investors in my area. I wanted to see what you guys think. When I start buying rental property my goal was to cash flow 400-500 Dollars. Is this possible a...
I'm under the impression that the notion you must get an LLC otherwise you will get personally sued and lose all your belongings is a bit of a wives tale, and Brandon has done some great talks about it (https://www.y...