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My husband and I are about to close on our first rental property in Lehi, Utah! We decided to honor the current lease, which is up June 2018, and now we are trying to figure out what to do next. We are out of state an...
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Hey BP!Have a situation I am looking for advice on:A good friend of mine, who lives in the Bronx (NYC area) is selling his house. He's desperate to sell. It's a duplex MF, a one bedroom apt on ground floor with drivew...
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I was wondering, when analyzing a potential property to purchase, what % of rents do you account for to be vacancy, capital expenditures, property management, and repairs? I am starting to practice analyzing deals and...
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So I'm waiting on my first deal still, but there's a chance it falls through (condo, short sale, pending bank approval currently), and if it falls through, we're considering a 3-flat (house hacking), possibly on the s...
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I have several SF rentals in Contra Costa County, which I've managed myself for 9 years.Also have 1 2-story apartment/townhouse that was managed by a friend's PM company. It wasn't a happy experience, so I found anoth...
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I have an investment condo that I am thinking about selling. Here are the numbers. I am only hesitating because the great mortgage rate and term I get. Rent: $1850/month Cost: 0% vacancy for past 5 years5% cap exp (ap...
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Hello BP,Last September I wanted to get in the flipping game. I had some cash and wanted to rehab a property. The long and the short of the story is that I signed a "Exclusive Buyer Agreement" with an agent to help me...
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I'm currently in discussion with two lenders to secure a conventional mortgage for a SFH rental property. I have experience with PennyMac, and they are currently offering the better loan estimate. However, Rocket Mort...
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Hi everybody,
I have researched the forum and also the local groups, but haven't found anybody from the Topeka area in Kansas.
I am purchasing here a multifiamily investment property, and I will be looking for a prop...
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Good afternoon!
Hello there, My name's Ryan, and coming up this December I will be graduating from college. During this time I was able to save up a considerable amount of money for a down payment on a multifamily p...