I know these are fairly common topics and I've done a lot a research on them but there are some points to my specific situation that I'd appreciate insight into.Background:In Early 2021 my wife and I bought a property...
Hi, I will be refinancing my 7 unit building soon and would like to know, what documents do a commercial appraiser request to understand the financials? Would last year's tax return be enough? Or do they need rent rol...
So I'm 16 years old and I was thinking so much about what would I do in the future, I'm planning to have a job of being a real estate agent so I could have some income to invest in real estate and as well as to learn ...
I have no plans of quitting my dayjob anytime soon. Just a newbie investor daydreaming about the day I can and looking for motivation.
Can you guys share how long it took to quit your full time job or replace your i...
Hello Family My name is Fidencio D. Velasco. I am new to the community. I am in the process of creating my Business Plan at the moment. It will be done by the end of the weekend. The reason for my post is I am seeki...
Once, 16 years ago, a friend of mine told me his plan of buying some property in Alaska (where I used to live) building 6 chalets/cabins, and renting them out. He ran some (probably roughshod) numbers by me, and I wa...
Spending half their income on housing Do you have any tenants that spend half their income on housing? What issues has it caused?
I applied for a cash out refi on a rental I own in Memphis. Broker took my application and other paper work. I wait and wait. Follow up a couple times. Still waiting on lender is the answer I get. Finally, THREE...
Closed escrow on our latest flip in San Diego, CA (Del Cerro area). Was on the market for 12 days. Took 2.5 months to complete the project.Specs: 4 bedroom / 2 bath - 2000 sq ftWe had quite a bit of work to do on this...
Hi BP,Recently in January I closed on my first duplex with a 10% conventional loan and im currently living in the smaller unit cash flowing $150 per month after all expenses ! Fixing it up along the way here and there...