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Hi!Regarding the 1% rule, does it apply to the price the property was purchased alone or the price of the house plus repair cost? I would assume it applies to only the cost of the house. Just looking for confirmation....
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I own commercial property in Mobile, Alabama. I am at the end of a 15-year lease with Lamar signs, who owns a digital sign on my property. The company charges about $1,200 per 4 weeks. The company has the ability to a...
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I was reading that Fanny Mae and Freddy Mac have specific requirements for refi when it comes to condos, and one of them is that it can't be an investment security, which the site said was an investment condo. Does a...
Hello everyone, I'm brand new, as in my first development deal ever and have gotten to the point where I need civil drawings. Does anyone know the factors involved in pricing civil drawings? I'm curious if anyone here...
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Hey fellow BPers,
Im looking to start investing in BRRR & Turn Key in Memphis, TN and Little Rock, AR.Wanted to :- get thoughts on one vs the other - in general what people's experiences have been between the two...
My score is low (despite perfect payment history) as I am overleveraged - having multiple properties in my own name rather than an LLC. My plan was to use a house that I own outright (valued ~$250k at that time) to ...
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My brother is a teacher and looking to house hack. I am in the process to start my investment life. I would like to partner with my brother and use his house hacking option to get a lower rate loan. However, I’d like ...
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My wife and I purchased a property with a partner in a 1/3, 1/3, 1/3 split. We recently purchased his 1/3 share and I am wondering if that will trigger a tax assessment? We had to refinance in order to pull out cash ...
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I only have two rentals and this is my current formula for annual rent increase for current renters.
The greater of 4% or 1/4 the difference between current rent and Zillow Estimate not too exceed California AB 1482 ...
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I'm out of state investor looking to buy a property in Austin probably every year. I'm looking to buy our first Austin investment now. If we get a fix upper, I will need a good GC. Any recommendation on good contracto...