I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
My fiancé and I are currently in negotiations on a triplex and the inspection revealed some unexpected repairs. With the cost of repairs and the down payment, I’m wondering if we are in danger of over leveraging ourse...
I am looking at pulling the trigger on my first home purchase this week. Possibly as early as tomorrow. Just waiting on confirmation of a few more things. The details are as follows.4 unit 8 bed 5 bath total new co...
We have a single family house in Converse and get multiple questions about if we accept section 8 housing vouchers. We are fairly new to being landlords, so aren't really very familiar with how the program works. Also...
Hello . Thanks in advance for the insight on this situation.
Here's my situation !!!
want to dive into real estate investment. Ive always been a businessmam. I want to start to rehab houses along with wholesaling h...
Good day,I'm a first time investor. I want to get a commercial property down the line, but needed to start small first. So, I'm about to close on a 300k duplex, with a 203k FHA. Which was all I could get, since I don'...
So I am closing on this house in a month. The current tenants have lived there for 7 years, and were paying $750 a month. I originally thought the $1100-1200 a month I would require for rent would have me looking fo...
My question... how do you all know how much reserves is enough?? What is "safe" or responsible to start? I've read 6 months reserves on all fronts, but I've also read people "making it" with zilch to their name. Do yo...
A recent pregnant women applied to rent a townhome of mine for a year lease. She meets the income requirement of 3x the monthly rent, however when she goes on maternity leave, I am not sure that she will. Can I legall...
I just completed my first BRRRR project, getting the long term financing in place this week. Details of the project are below:Properties: 2 duplexes, side by side in Tacoma, WAAcquisition Date: 3/31/17Acquisition pr...