Steve R.
would you invest with cap rate 8.22?
4 plex list price $400kfourplex : monthly total rent 900*4 = 3600(appreciation stay the same for past 5 year)• Capitalization Rate: 8.22• Gross Annual Expenses: $10,700• Gross Annual Income: $43,500• Insurance Expense...
Matt Clark
How much will the bank lend me?
hello, I will be closing escrow on a piece of land that I own soon. Im looking to reinvest the 275k into a rental home. I'm self employed and married. Last year we reported about 50k in income, almost all my wife....
Fernando Rodriguez
Townhouse, It’s a good investment?
Sale price 65k, rent $800, VA 0% down payment, cash flow $200, cash flow w/factor $50 including property manager. Really slow area. Average price for similar Townhomes on the areas over 75k. A lot of properties on sal...
Anthony Blackmon
Turning Primary Condo into Rental - Newbie Investor
Hi BP Family,
I've purchased a condo as my primary residence May 2019 and after getting bit by the bug for RE Investing of early December 2019, my goal is to do small renovations and turn it into a rental property. I...
Ryan Biankowski
Starting Cash-Out Refinance BEFORE Completed Rehab?
I'm roughly 2 years into a "Live-In" Flip where I've done all the rehab work myself to save money. I'm about 90% done with the work and have roughly $10K debt on various credit cards from what I couldn't pay off myse...
Tracey Hamilton
Details to maximize appraisals
The husband and I are looking at the market and getting ready for our first flip deal. We intend to get a HELOC on our primary residence (paid off) to mostly or completely finance the first deal. My questions are, wh...
Ben W.
QuadPlex Deal Review...
Hi all,I am new and looking at buying my first investment property. I am looking at a quadplex built in 2017 in the downtown area of a city I know pretty well. Gross rents = $101k a year. Insurance = ~$1300 a yr.Taxes...
Jason L Shinn
Higher interest rates can be a cost saving
Interest rates rose quickly in the beginning part of the second quarter of 2022. Seemingly overnight the housing market in the United States, especially in hot areas like Arizona, Texas, Florida, Nevada, took a hard t...
Sean Mills
Account for equity when paying down loans
I am planning to purchase my first rental property this coming winter using conventional financing. While I save for a downpayment I have been analyzing properties for practice. When looking at properties and the retu...
Allen Jones
Insurance Question - West End/Portland
I'm looking for a rental house in the West end/Portland area and I had a few questions about the homeowners insurance. I'm wondering how the rates are calculated. Is it based on the purchase price, square footage or s...