Dave Mazza
Condo rental property
Does anyone have any experience with purchasing and renting out a condo? I am looking at buying one for 74k, 1700 taxes, 175/m HOA fee, and I would get 850/m rent with a tenant already in place. I would need to put ...
Chad Deihl
Mortgage Loans for an LLC
What does a lender typically require in terms of issuing a mortgage loan to a newer LLC for its first property purchase? if it matters, this would be for state of Nevada or Arizona.Thank you
Kellyn Cameron
Possible off market deal - HELP!
Hi everyone - I have a potential off-market deal and I need some opinions from more experienced investors. I met with the seller and they told me they would prefer not to list it on MLS but would if they didn't get th...
Ann MacMillan
Turn my home to a rental or sell?
Hello! I have lived in my condo for 5 years and have decided to buy a bigger home for my growing family. My current condo is in a great location in Denver, CO and I'm wondering if I should keep it as a rental or sell....
Eric Gesswein
Where do I start when buying out of state property?
Im in California and I was wondering where would I start when looking to purchase out of state properties? I was looking in the AZ or NV areas. When I contact people regarding a mortgate rate,they ask if I have a hom...
Levi Perl
Realistic to raise rents from $825 to $1150?
I inherited tenants in March 2024, who’s lease is ending in October 2024. They are paying $825/month. It’s a mediocre but not killer deal for me to not renew lease, rehab and rent to new tenants, as I’ll make only 8% ...
Nataniel A.
Is investing in a "rougher" area always a bad thing?
21 Unit building in San bernardino1,495,000 asking priceActual GRM of 8.8 - Market GRM of 7.6It nets a little over 100K. From some research and asking around I've found that this specific area isn't too safe or somewh...
Victoria Stone
Assessing liquidity, ability to rent, etc, of a house prior to buying?
Hello everyone, I have no experience with real estate and will be buying my first home with cash in a few months. Just in case I end up hating the area or want to move for some reason, I'd like to have an idea of how...
Priscilla Chin
Feedback for gauging rental demand and looking at rental comps
Hi everyone, I'm looking to buy my first long term investment property and am not sure whether I'm approaching my research for rental comps correctly. Please give me feedback!First, I type in the zipcode to look up th...
Bruce Tieu
What makes a good mid term rental market?
Hi everyone,I am on the hunt for my second house hack. I've been doing some research on different rental strategies. It seems in order of increasing profitability:LTR < MTR < STRGiven that I'm based in the Denve...