Steve Ford
Operating Expense Estimates
I’m considering purchasing a rental property or two in the Dallas area to use as a STR revenue generator and get my feet wet for some passive income before I retire. (Note: I’m aware of the new STR restrictions in the...
Jeff L.
Renting rooms to college students/young professionals? (Socal)
I'm in Southern California where the prices are very high right now, and was thinking of a different strategy to offset the costs and make the math work. I live in a town that has many college students and young profe...
Brian Knox
Is there an upside to this situation?
Can't sell our residence in MN and are forced to rent it. Cash flow is break-even or slightly negative if I rent it out. Can you help me understand the tax benefits?
Monthly outgo: $840 PITI + $110 Property Managemen...
J. Martin
Negotiating Purchase of Vacant Lot in Bay Area tomorrow. Advice?
Going to try to negotiate the purchase of vacant lot tomorrow. Any advice?I’m meeting the owner of a vacant lot tomorrow to try to negotiate the purchase of a vacant lot in the San Francisco Bay Area. It’s a killer pr...
Justin R.
Deductions from Cash Out Refi
I am not trying to time the market, but thinking about freeing up some cash tied up in equity before a market downturn. This would allow me to purchase other properties if such an event takes place. I believe there ar...
Kas Filippova
Need a Mid-Term Lease Agreement
Hello,
Can anyone recommend a place where I can get a mid-term lease agreement from?
Thank you!
Anu Pan
My First deal
Here is a deal we are making in the California Central Valley area:Purchase price: $152,250 Property type: 2 units (2 Bedroom/1 Bath Each) Built in 1958. Rate: 30% down @ 3.75% (5-year fixed) Rent:$1300 p.m.Vacancy: 1...
Natalie Kolodij
Monthly payments on hard money loan?
Hi guys,I have a BRRR follow up question. If you utilize a HML for a 12ish month loan- do they normally expect monthly payments or is it paid at the end of the 12 months rolled into the principle payback? If monthly, ...
Michael Dang
Move from All Bills Paid to RUBS and the affect on underwriting
How do you account for RUBS in your proforma underwriting if the property is all bills paid?Does one reduce the current effective rent and then implement rubs? If so, by what measure? Reduce to market rent without b...
Chase Alison Matthews
Bakersfield, CA Landlord Tenant laws, rules and regulations.
Hello BP!My fiance and I have owned an owner occupied duplex in Los Angeles for the past two years. It has appreciated about 36% in that short amount of time. We want to buy another 2-4 unit multifamily rental. We we...