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I'm new to this forum. Reading "The Book on Rental Property Investing" brought me here with hopes of learning from others' experience.I'm very far from from making an investment. I am currently trying to evaluate area...
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I'm looking at a 24 unit in a small town. The property is bank owned and is ~50% full. The bank has been telling the onsite manager not to lease the property for the last 6-8 months. I'm assuming one would just hav...
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I have a SFH in Southern California that we are trying to sell. The tenant has just moved out and we can now begin repairs. A local woman who has lived on the same street for many years has offered to pay us $1,500 pe...
Hi!Can I afford $780,000 house in my situation?1) 20% down payment 2)my credit score - 800, wife's credit score - 750. Title will be on both of us, morgage only on me.3) 31 years old4) a stable job at a large corporat...
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I have a tenant who just gave me notice that they will moving out in a week. They still have 9 months left on the lease agreement.
Lease agreement states tenant may terminate lease upon 60 days notice provided tenan...
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Found my first motivated seller but I'm still on the fence on the numbers. I know it's a good deal for the area but...... For a rental. 2 bd 2.5 bath townhomes (I think, 8 units connected) 1290 sq ftClass A neighborh...
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For the last 1.5 years I've been refinancing my primary residence every 4 months. Curious to get BP member's thoughts on this. Disclaimer...I'm new at RE investing...go easy on me.The Setup (one cycle's worth): I ref...
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Hello, I know this has been mentioned many times on these forums, but I am still a bit confused, and was wondering if someone could help run numbers on a couple of scenarios.
Scenario #1- House is vacant, potential...
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I own a duplex and I have a property manager because I live out of state. Last January I had a call with my tenant to ask her some questions about her unit. We chatted about that and then she goes on to tell me that...
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Hi All. I'm looking at a couple multifamily properties in Northern Michigan (local to me). They don't seem like good buys, but I'm concerned that I may just have my expense numbers wrong. Below is one of them. Am ...