I would like to consolidate the 9 30 year fixed mortgage (currently in my name) into one loan and open up a revolving line of credit to move on additional deals.The nine houses have 70% equity.I’m a professional ...
Sorry, I cannot past a link properly, but according to
http://www.clearcapital.com/company/MarketReport.cfm?month=January&year=2012
It seems that most of the time when I'm reading about new investors in Los Angeles, they are doing deals outside of the area. I understand it's very expensive to do deals in LA, but are there any other reasons aside f...
Hello,
What is the most efficient way to collect rent payments? Is it by mailing a check? Scanning someone's credit card? What are some different ways rent can be collected that are efficient?
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
I’m on my very first flIP and every single decision gives me anxiety because I do not want to make the wrong choice.
So far I think I have done well with picking floors and indoor paint, cabinets, etc...
BUT I think ...
Real estate investing has been my dream for years, and I'm eager to start! I thought it would be an good idea to get my feet wet by buying a house and renting out the extra rooms to roommates. But is now the right tim...
Hello, I am considering putting an ADU behind my rental property in East Palo Also. Keeping the setbacks aside, I can build around 40*20 = 800 sf ADU. Keeping rentability in mind, I am trying to do a 2bed/1bath I have...
I bought my first SFH back in the summer. I was able to get it rented fairly quickly (in a month) just advertising online. Screened several people and settled on a family moving to TN from FL. We did a 10 month lease ...
We had the sidewalk and driveway redone on the tenant side of our duplex. Yesterday the concrete was poured. This afternoon I noticed that a smile, a pentagram and a third illegible mark had been inscribed in the now ...