I am considering becoming a landlord but I'm worried because I've seen a couple posts about tenants causing thousands of dollars in damages. I'm wondering, why would a tenant ever cost you money like that? Can't yo...
I recently purchased a 3-unit rental property in the Rochester, Ny and used conventional lending (bank loan with 75% LTV, 30 year fixed, 4.25% interest), I quickly learned this strategy has high closing costs (~8% of ...
Hello! Robert here, I am a fresh faced young type person looking to start buying property. I would like to start off house hacking and eventually work my way up to generating enough passive income to just relax a bit ...
Hello All! I'm very interested in hearing from lenders on how they assess the actual investment that they may be lending to. Understandably, the lenders perspective is to investigate a borrowers liquidity and debt ser...
I am trying to solve something in my mind as to why Sacramento has recently started to pick up with upper price adjustments. What fundamentals in the market place do you think has changed?
Let me preface this with I am a newbie investor having only one SFR but found a small apartment complex that seems to be a good buy and seeking any advice I can get. It is not local to me but could drive to get eyes o...
I am looking for an experienced investor in Florida online auctions who wouldnt mind walking me through the online auction process. Though ive bought two short sale properties in the past, I dont have any experience w...
Greetings,The deal (Triplex, 3-unit) VA financed loan (no money down!)purchase price- $400,000 @3.375%property tax- $1200 AnnualInsurance- $1000-1200 AnnualUtilities $3600 (water only) Annualother cost ($200) Annualva...
I just got myself into a bit of a bind, that I'm sure I can get out of, but am looking to this BP community for some insight on our collective experiences.Details:Two 3-plex properties located on the same "lot" in Por...
I bought my first property that I wanted to rehab and sell, but I had no luck, so it became a rental three months ago. I just went to collect this month's rent and the house was empty! Compounding the issue is the f...