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What do you qualify as net operating income? I've been using the Property Analysis Tool and removed all of my property expenses - taxes, mortgage, insurance, water, advertising, and some other small expenses directly ...
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About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
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In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
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How do you close on a sandwich lease option without screwing up your option with the buyer. To make that question more clear, how do you close on a deal like this without the buyer finding out that he/she will be sub ...
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To anyone who may have experience flipping land/homes in rural areas outside of major cities, please read this post and I would love to hear any insight as to what experience you have had and any advice you would be w...
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Yay! My second post. (Am I a real estate investor yet?) :)I have been getting a various opinions regarding a stellar property in Antioch CA. Has a nice floor plan but the garage was converted to a larger kitchen. In a...
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Hi All! I have 2 rental properties that I purchased this summer (yay!), neither of them were BRRRRs. Just getting my feet wet in real estate. Now I am shifting to targeting a good BRRRR property. I am in need of some ...
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We all know the process of real estate helps when there is a construction knowledge background. My first experience as a landlord turned into a mess and my inspiration is dwindling.
A year ago I listed my first rent...