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Hello,I am looking for some advice on the best way to use the equity in my two rentals to buy additional properties. Here is my current loan info:House #1 - 64K left on loan. House is on zillow estimate for 142K. I...
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Good evening, BP. My wife and I need some help evaluating a potential investment property in my old hometown. Here are the basics, please let me know if you have any additional questions and I’ll do my best to answer:...
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Looking at multi-family properties. How does one define just what makes a property a particular class. I realize it's a subjective decision, but could a section 8 be a class A or B for example?
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I had a question for you smart and wonderful people. Speaking generally, in appreciating markets like Denver, or in my hometown of Colorado Springs, does property tend to appreciate faster than rental rates? And is th...
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I am looking into hacking this Duplex. I currently live in a condo paying a mortgage of $833 a month with an HOA of $75. It will rent for $1200 from what my Realtor and Banker have told me. Leaving me with $292 before...
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Hey everyone, I'm new to this forum, but certainly not to the online community. My names Kelsey, I'm 22 years old and have had an interest in this industry ever since my parents got involved in investment properties....
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Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
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I have a close friend and a client that I am working with to find a condo for both of them. What are some of the things that get most overlooked when buying a condo that will be good know about to prevent unnecessary ...
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We bought our home for $150k last year and put about $40K in renovations in and overhauled the entire home. The house is about 1,800 sq ft. Brand new homes in the area sell for up to $150/sqft but renovated homes sell...
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TL;DR: If you were just starting out, with basically zero debt and costs, a low six-figure salary, and $140,000 to invest, with a desire to get into real estate, “connections” to a team of contractors and a great real...