I’ve been pondering whether or not to hold onto a condo that I’ve had since 2008. It was my first home which I converted to a rental in 2010. It cash flows ~$450/mo. when it’s not vacant. But that’s the issue I’ve run...
I currently have 2 out of state long term rentals and in my quest to diversify was thinking about doing an Airbnb with a home in my own area (Sacramento, or nearby Citrus Heights, or somewhere near). Local would allow...
My business partner and I have found a great deal for a buy and hold but it definitely needs repairs. We would like to use a hard money lender to finance the purchase price and repair cost. I spoke to one this morning...
Hello,I have a few rentals and need some input. I have one property that I bought last year for $475kCurrent value is $520kInterest rate 6.75%loan amount is $352,000 (I put 25% down when I bought it)Monthly P/I escrow...
Hey, I am new to BP. I started RE investing before really knowing the ABCs. Now I am seeking some help to decide if I should sell a rental unit. I bought a condo unit for 388k in 2017 ( I live in a high cost area). Th...
Hi everyoneCan someone explain to me from start to finish how does a HML work? I always get scared when someone suggests HMLs... I literally think of loan sharks or getting your house or assets taken away from you whe...
Looking at airbnb investing in Colorado Springs but I'm not sure how to analyze a deal (such as a sfh). What percents do you typically run for property management vs maintenance/ cap ex, vacancy, and other costs? I kn...
Looking to start out in rental property investing sometime soon here, and I have a few questions. In my current area, most SFH are out of my price range and those that I can afford are in less desirable areas or need ...
Hello All - I am looking at a QuadPlex in Iowa. I have not posted a deal to analyze on here previously, but have done individual analysis on several properties on my own. This one has me unsure if it is a hidden gem...
Hi all-I recently purchased a duplex from a unique seller, and was able to buy it at a good price that gives me some options. I am thinking about buying and holding and also thinking about flipping. I know I am suppos...