My rental property is a main home (3 bed 2 bath) and an adu (studio of 353 sq. feet). Combined rent collected is $5300. I'm wondering how much I can borrow from bank on this rental property? I believe this home is ...
Hi All,I'm just about to get my first 4-plex that needs quite a bit of work. First I am wondering what do you guys do with the money you see aside for Cap Ex, Vacancies, and Repairs? Do you combine them all in a savin...
I am planning to invest in multi family homes in College Station, Texas.What's the investment outlook for real estate in College Station?
Can someone please tell me do utilities go in 50%?Example if someone is renting duplex for 800 inclusive each unit, so do I count my monthly cash flow 1600/2 minus mortgage or do you count after you pay utilities. Let...
I own a duplex and live in one of the units. I plan to collect my tenants rent in a separate checking account for easier tracking for tax purposes. My question is should I pay my mortgage from that same account or my ...
Hi BP, This started when I bought my second single-family this summer. I'm investing from a distance, but I have a great real estate agent and fantastic property manager who both recommended the property. I asked lo...
In my area, rental rates have caught up to market home values. But vacancy rates doubled which wipes out your profit to the point of negative cash flow territory if you have a newer mortgage with a higher rate.
The n...
Fellow BP members,Doing some surfing and reading on BP and thought of a question: Is it better to invest in the place you know (for example, a place you spent the last 5 years living) or the place you live (for exampl...
Hello BP, I have a question on what to do in the scenario where I have an unmarried couple that I would like to rent to. Problem is, that one of them makes most of the money of their combined income. My concern is tha...
Hi. I live in New Jersey and looking to be an out of state investor looking for a good combination of cash flow and appreciation; I am considering either Cleveland or Columbus. Any feedback on either city is greatly a...