If I was looking at a house to use as a rental property with the above specs what costs would I need to factor in? It was mentioned to me that to qualify for a mortgage for a non-owner occupied property you would need...
I was driving around today in a neighborhood in my city and noticed 5 houses that appeared to be vacant all within 8 square blocks. This is a lower income area.
Does this make it a less desirable area to look at who...
I am very new to all of this and do not yet own any rental property. I am restarting my life after a challenging marriage and divorce. There are credit challenges. I refuse to let a 401k manager determine my future. I...
Hello all,My girlfriend and I are new investors and our end goal is to purchase an apartment building approximately 24 units. We know that that you can’t go to the top of the scale and finance an apartment building wi...
I am actively searching for my first deal for a flip and I feel split between two schools of thought that I have heard through various BiggerPockets resources:School 1: get a property at a great discount and have a th...
Do I care about comps when analyzing a rental property for cash flow? Other than determining the ARV to see how much built-in-equity I have, do I really care about comps on a longer-term buy and hold cashflow play?Tha...
I'm 1031'ing into a duplex in San Antonio, TX. I'm under contract and the duplex has two separate addresses, one address for each unit, and two surveys. Any ideas how to do this w/ one loan. I have one contract w/ the...
What would you offer?GOI: $61,500Insurance: $3,244Taxes: $6,489Utilities: $4,9928 unit with 19 acres. Currently listed at $495,000.
My grandfather passed down his property in Salt Lake City Utah. It is over 30 years old, but it was listed as a duplex, over the years he turned it into a triplex with a house in the back. Someone brought it to the zo...
For the modern day real estate investor or realtor, acknowledging the large group of potential clients dubbed Millennials is key. They will make up 75 percent of the work force by 2025, and therefore will be the large...