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We have a close family member who has a property in Denver, CO that has been a restaurant for over 20 years. The structure is an old house and the zoning in the area allows for a business or residential. The property ...
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Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
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Greetings all. Quick question. I want to make sure that I am correct in upholding my occupancy limitation of 2 people for my 1 bedroom rental property. I read the Fair Housing Memo which outlined their interpretation ...
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I have a question regarding the Cap Rate formula that someone told me about today. From the information that I gathered on multi units, you take the yearly income on your investment minus the yearly expenses, then mu...
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Is a one page rental lease agreement possible while still protecting the renter?
I have a roommate, whom I work with and trust, but i want to practice the motions of having a tenant (practice how you play).
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This is my first BiggerPockets post as a new investor. I am curious, what types of accounts/investments are people using for maintenance/repair funds and/or rent deposits? Are there any rules of thumb in terms of perc...
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Hello everyone,I was just wondering if you guys think this is a good enough deal for a real estate investor.I'm having trouble talking the owner down any lower than the 160k I have listed, is this still a good deal? I...
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Greetings, I am new investor just getting in the game and trying to raise my own capital (not into hard/private lending at this point). I am secure with my pension and 457(b) plan that I don't plan on touching (still ...
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Okay...With all of the threads going around about FNMA properties 5-10 I wanted to clarify how "DTI" is calculated for rental property for both the front-end and back-end ratios for:
1. Rental Property With Mortgage...
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Hey guys! Looking for advice on a good problem. My wife and I are talking to a lender for an addition to our primary home; we're adding a 3 stall garage with a MIL suite above it that we intend to rent out along with ...