I am thinking of getting an FHA loan to get a quadplex while simultaneously starting a business. I would live in one unit and rent out the other three so I can live for free and focus my capital on the business. What ...
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For the home value, does one use the tax assessment home value or a recent bank appraisal?This is for a 2 family home, the owner lives in one unit and a tenant in the other.I heard that either can be used, but i’m not...
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We have a property management company for beachfront rentals. Our outdated key system has a branded key tag with a piece of tape and sharpie label for the property number. It looks bad. I want to revamp the whole t...
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As a landlord what do you look for as the LOWEST ROI% that would still be appealing to buy that property. 10-15% ROI??
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So those of you all including myself who claim the prized Real Estate Professional status, were your 750 hours spend affected much by Covid? With a pandemic, tenants were generally reporting less maintenance and evic...
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Sell or cashout refi? This property cashflows about $1800/month after all expenses including P&I. But $21,600 is a 4.32% return on all that equity ($500K+). Plus half of my net worth is in that one property. I’m e...
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hello, I’m wondering who of you all have or currently are operating an apartment building that use to be a motel? I’m in the process of trying to buy such a property and just curious what to look out for. How have yo...
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I'm preparing to purchase my second home. I have a consult with a financial consultant next week, but am looking to educate myself prior to that appointment.The plan is to either rent my current home or sell it after ...