Hi folks,I have a feeling this is a strong no but I'll ask anyway. When renting out a unit, are you able to specify that a unit will only be available for 2 or 3 years? This is for an owner occupied property where the...
Hi everyone! My husband and I just closed on our second duplex today that we plan on moving into since we purchased it with FHA. We inherited two tenants and here is our plan:
Tenant 1: We plan on asking for a renta...
I need some advice. This all happened today and affects a Sept. 1 move in. I was scheduled to move into a house starting September 1st. When the landlord showed me the house (which is a 5 bedroom group home) he told m...
Do most people keep a disaster plan ready to go for any type of natural disasters? Earthquakes, Hurricanes, Tornados... ETC?? How to notify your residents and plan of actions of what to do?
Hello All,
What is your work around for your initial analysis of a property when all the expenses are not available?
For example purchase price of $324,900
Gross Income:$49200
Expenses: $8000
Net income:$41200
Cap r...
Hello BP community…
I am finding lot's of information on this site. I wished I had found this site BEFORE spending $20,000 a few years back on a RE guru program.
On top of that $20K drop in the bucket,...
Investment Info:
Large multi-family (5+ units) buy & hold investment in San Diego.
Purchase price: $1,175,000
Cash invested: $288,000
Stabilizing period. Purchased below market value and rents we...
BP friends,
My wife and I have a house in Arvada, CO. It's a 5 bed, 4 bath 4000 SF single-family home that we're currently using as a short-term rental. An arbitrage company recently approached me indicating that the...
There was a fire in a Chicago condo that I have been using as a rental unit for 5 years. Insurance is refusing to pay for "loss of use" since I did not have a tenant in place during the actual loss.Is this common pra...
Hi
I live in the area that the new Los Angeles Rams practice facility is being built. Wondering what your thoughts are on the market here. Cost for real estate here is high, I’m sure there are deals to be found in an...