Trevor Howard
St. Louis 4 unit BRRRR property, first time.
My wife and I have been investing in Springfield, but are looking for the next step. We have thought about trying BRRRR strategy on a 4 unit in south St. Louis. First question has anyone successfully done this in the ...
Nathan Emmert
Expense Rule of Thumb for Single Family Houses?
I understand the tried and true 50% rule (or guideline) for rentals but that is based on apartments, i.e. multifamily dwellings.
What's the rule for single family houses?
I would assume it would be lower as expenses...
Emanuel Blando
Velocity of money, return on equity
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $574,000
Used a cash-out refinance from a rental portfolio of 5 single-family homes and used that money to buy 7 more d...
Jon Yost
Looking to buy vacation home in Tucson
I am looking for a realtor who specializes in short-term rentals in the Tucson area. Can anyone recommend one?
Pete Paniccia
Running numbers is frustrating
So, I'm obviously new. But I have been trying to run and analyze rentals for a few months now and it seems that every post I read has a different way to analyze deals. For a new investor which are the most important ...
Antonia Taylor
Asking for additional rent than listing / updating rent request.
Hello, I’m currently listing a 1 bedroom/ 1 bathroom apartment which is connected to our house with a separate entrance.My listing has generated a lot of interest, but I’m thinking I may have lowballed my rent amount....
Jack Shuttleworth
Subject to loan help...?
I might have an opportunity to take on a subject to loan. Is this a good idea?Im taking on a loan amount of $144,236. 28 years left on mortgage, 2.875% interest on the note ($956 payment). I can get 1200 maybe more a...
Paul Brady
Local bank calculating DTI in a strange way
I have two rental properties
One with a $5400 mortgage payment with $6600 in rents coming after expenses ($1,200 in profit)
Another with a $2000 mortgage payment with $3000 in rents coming in after expenses ($1,000...
Vlad Denisov
Projected income growth and rent inflation
Hello everyone, 1. According to this statistics the average rent inflation rate from 2010 to 2018 is 3.11% per year. During the recession the rate went to:2.28% in 2009 0.23% in 20101.71% in 20112.65% in 20122.83% in ...
Alan De la rosa zamora
House hacking sfh lease terms
Hello fellow Bp members! I recently acquired my first sfh to house hack and I'm currently doing the screening process with perspective tenants. The house has 6 rooms and ill be renting out the other 5 bedrooms. Since ...