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Something I am totally in the dark at, and would love to ask those of you who have lived or had rentals in Alaska. I think the expenses for Anchorage and Fairbanks should be pretty similar, with the exception of heati...
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A friend of mine that is also a new investor have a set of problem tenants in Baltimore City, MD. They are stressing for my friend to conduct a water test. These tenants are on a month to month lease and recently ga...
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I purchased a few rental houses about six years ago, and want to refinance them to take advantage of these low rates. The deeds are in the name of my LLC now, but if I re-deed the properties in my personal name, I ca...
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Has anyone had a property under contract and through the process you realized your mortgage lender is below average in terms of customer service and responsiveness? I’m a first time investor and I have a property unde...
I am in the starting process of finding my first property for the purpose of holding. There is a good opportunity in my neighborhood on a property that is in the middle of a remodel but the owner has to sell due to po...
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I've been teaching this for 18 years and many have asked that give a brief explanation.
Banks, Mortgage Brokers and Lenders have the same rates and programs everywhere in the United States. An advertised special i...
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Hello everyone,I have been analyzing a 3-4 unit property that has been on and off the market for over a year. On paper, my numbers are looking like it will cash flow nicely. I guess with this being my first deal I jus...
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I have two rental properties. Both are getting just over 12% cash on cash return. Should I put the cash flow towards the principle of the loans to help pay off sooner (have 30 years on both), or should I reinvest the ...
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For rental property held free and clear with tenants in place, does anyone know if the following terms reasonable?
- interest rate of between 5.5% and 7% based on your credit score, loan to value, loan amount and th...
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Hello,We bought our first rental in Meridian two month ago and I ran the numbers on the BP calculator. The House was built in 2007, 4bd, 2.5 bath, 3 car garage, close to Chinden/Ten Mile. We signed the first tenant wi...