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...
Wich impact the economic crises will have on Multifamily Market?Share your thoughts. Thank you
Hey, I have been reading local posts and am really impressed with the wisdom imparted for free to strangers. Here's my situation i would love input please. my family live in West Bountiful in a twin home. We bought it...
Hey everyone,
I know this is probably a total newbie kind of question, but its something that i think i would find easily but i cant seems to find a subject on it. I currently own 2 homes, one is my main resi...
Hello everyone, first time posting here. I will liquify some real estate investments i have abroad and i am expecting around 1,5 million dollars to be on my hands. I want to make an investment that is as safe as possi...
Need some help on this matter.My sister has a home in Torrance, CA. It's worth around 1.15mil. She has 245k left on mortgage plus around 100k equity loan she used for kids school. Around 18yrs left after last refinanc...