I'm just starting in the real estate business, but I'm drawn to plexes and most of the ones I find that I can realistically buy are in dilapidated areas. I'm mostly looking in Birmingham, Alabama. My question is: to...
Why not just save the $1000 bucks when a renter had renter insurance by removing landlord purchased insurance ?
I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
I have a couple older real estate advisers and some own around 10-17 properties.They always stress business practices that guarantee their ROI…because they remember buying properties at 500-5,000 and really making hug...
Hello! I am interested in starting in (residential) real estate investing within the next year or two (within Iowa), once some personal debt has been paid off. I am trying to decide what kind of corporate entity (if...
I am in the process of selling a duplex I purchased in '06. During a recent appraisal they mentioned that they couldn't find if it could be replaced if destroyed; turns out the zoning was changed in '08 and the city d...
Is it possible to structure a personal purchase of a commercial MFR property with the intention of selling of pieces of the deal after the deal has closed?Why I ask: I buy properties for my personal portfolio (I'm not...
We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...
I am planning to purchase a multi-family proprerty in the relatively near future which I intend to house-hack. I would like to save up enough for both my down payment and an emergency fund. From experience, what would...
To the group:Often within podcasts, speakers discuss 30 year fixed/residential, FHA loans and even non-recourse loans. I have yet to find a lender (short of a hard money lender) who deals in anything over a 7-year fi...