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Hi there, I am switching over my 4 rental properties to a new insurance and nitpicking my way through the coverage. Some things will go, others will be added. My question is about the option of the Fair Rental Value C...
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Coming across this website and the Financial Independence subreddit, I've gotten an itch to increase my rental real estate portfolio to start generating residual income. My wife and I sat down together to look at our...
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If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
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My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
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I have been going to foreclosure auctions for some time now - even thought I would still consider myself a rookie, but how does the bank come up with their upset price? I got to auctions in Queens, Brooklyn, Bronx - ...
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I had an acquaintance that is an agent reach out to me yesterday about a 4-plex in Ogden he may be listing soon. He isn't investor minded so I am sure this looks like a steal to him. Any help with these numbers so I c...
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Hi All - Thanks in advance for any suggestions / insights / recommendations.
My partner and I have crunched the numbers and it looks like a good deal to us, would like the greater opinion of the BP community. I plan...
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bought a SFH, with the intention of fixing it and renting. We are well into the renovation and things are not really looking very rosy. In hindsight, we allowed ourselves to put too much scope into the renovation...
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To all of you who have short term rentals I would appreciate your thoughts and advice on rehabbing a property for a short term rental. I have a duplex where one half has been fixed up and is very clean and nice and I...
When working with hard money lenders, be sure you are able to quickly summarize your loan request. Don’t go into too much detail or explanation until the lender has decided to move forward in the process with your loa...