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Just want to check how you all do with 3x rule where rents are high.
for eg if rent is 2100 3x is 6300. Do you bend a little to take 2.5X?
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Investment Info:
Single-family residence fix & flip investment in Albany.
Purchase price: $94,000
Cash invested: $60,000
Sale price: $225,000
My first fix and flip deal! Single-family needed ...
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Hi All,New rental property owner here. I'm curious what you all think are the most important terms to include in your lease? What non-standard terms have reduced your risk, hassle, and property maintenance issues th...
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Have you heard the discussions bashing coaching and mentoring for Real Estate Investors? Yes, there are some bad apples (gurus) out there, and you should not have to mortgage your house to get into their programs, but...
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Hello All! I'm investigating on what types of professionals I need to assemble a team for a successful subject to and wrap around mortgages in Tennessee. I've been researching the subject to and wrap around mortgage...
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Hi all CPAs/tax professionals, quick question. I just closed on my first 2 SFHs in Virginia. I live in New York. I was speaking with a lawyer about setting up an LLC in Virginia but he asked me this question“Before we...
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Here’s the situation...I have a friend who was a very hard worker all of his life and has been battling a fairly severe health issue for many years while still working. It finally got to the point to where he had no c...
I am going to get a rental property here shortly. I have not began investing in real estate to this point. What would make the most sense in terms of maximum protection for myself. I plan on building up to multiple re...
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Hello BG experts,looking for some guidance on how to structure a syndication model. we have spent lot of time securing 5 investors for a deal we are working on. In past mostly we had family and friends who invested wi...
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I have heard that you should keep each property in its own LLC. I have owned rental property since 2007. I have never meet another investor that keeps each property in its own LLC, especially SFH. I do keep larger m...