We are looking at purchasing a brand new 4-plex to owner occupy while we are stationed in the middle of nowhere, Missouri. Each unit is 2 bedroom, 2 bathroom, and the average rent on units like these is $875. The elec...
SFH in established, nice, stable Houston neighborhood.
Asking Price: 170k
Rent Comps: 1650/month (19800/year)
NOI: 9603 with 50% rule after 3% vacancy allowance
I'm assuming 25% down with 6% on the balance.
House...
I was curious if anyone else is trying to add additional clauses to their lease agreements to give themselves a way to evict a tenant other than for non-payment of rent during this ridiculous eviction moratorium. I w...
Hello BiggerPockets Community,
I am Orlando Layugan, a new real estate investor located in Hawaii. Currently reading and communicating with others while creating a plan to go into the BRRRR strategy.
1) H...
Hi! Youngster in the RE world and working on how to analyze initial numbers for cash flow. I've done an overwhelming amount of research and am not coming up with a solid reasoning to this "per door rule of thumb" for ...
What steps in the rental property investing process, aside from the writing of the lease agreement, should a lawyer be involved in? And should their specialty be real estate investing in general, or are there lawyers ...
Hi everyone,I'm brand new on this forum. I've been in the US for a bit more than a year now (on a work visa).I'm interested in buying my first rental, out of state as my current state is CA (and I don't have 500k in c...
Hello - I currently own two, three bedroom row-home rental properties (closing on a 3rd in May) which were purchased with a private loan from my father-in-law.I would like to do a cash-out-refinance on the first two p...
Hi all, I had a quick question. So we just recently closed on a rental house and for cabinets, I'm thinking of buying a used set (pics attached) since we want to upgrade the current outdated kitchen cabinets from 30" ...
Back story: Rented to a couple with a young daughter, contract was for 6 months, ending November 1st 2021. Girlfriend called police and filed a restraining order against boyfriend. He moved out beginning of June. I a...