I am currently saving up money (about 82% of my income a month) for a down payment for my first rental property in which I plan to house hack to pay for the mortgage. In the meantime I wanted to practice finding a goo...
I have a single family home with a garage conversion. Both are 2bed 1 bath. Iam moving out and I am going to rent both units. I have not lived in the property while the other unit was occupied so I dont have any numbe...
Have you violated the 70% rule and still made money?
For those of you who don't know, the 70% rule is basically the multiplier you have for the ARV (or After Repair Value) from which you deduct the repairs an...
I am 22 years old. I just recently graduated from college and I am making about 40k a year doing personal training. I have enough money saved up to pay for a house using an FHA loan but I feel like I would be screwed ...
Hey guys, Been reading the forums and listening to the podcast for awhile now and I've learned a ton. I started looking into real estate about a year ago, but i got laid off so I hit the brakes on doing anything. Fort...
Hello Everyone, My name is Malik and I'm a New York Transplant in Savannah, Georgia. I'm new to the world of Real Estate and I'm currently expanding my knowledge base while I prepare myself to purchase my first prope...
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...
Hi All,In an effort to contribute and share some of my knowledge, I'd just like to reach out to those looking into the metro west area of Boston, either to live, or to invest. It's an absolutely great area, close(15-3...
Hey all,Looking at a 4 plex for $165,000. Needs minimal rehab, is in a C neighborhood and is fully occupied. Rents are at $500 each. Came out to $350/mo cash flow total (just under $100/door) with a 11.40% COC retu...