Tamara Paz
Parking Lot Investing in DFW
BP- my name is Tamara and I live in the DFW area. I've spent the last year following the real estate market and learning more about it, finally feel ready to make the jump to invest (especially since the deals are com...
Rahil Jain
Vineyard Estate deal strategy review
Hi all,
My first post did not go into much detail about the business financials. Based on the questions received, we pressed sellers on specifics and now have greater clarity on the overall health of the business. He...
John Suralik
Explanation of closing costs?
Can you explain closing costs for different types of real estate deals? I'm sure that they differ from location to location, but what I really want to find out the different costs for different types of deals? 1. Is c...
Dane Kania
First property under contract. Is the deal worth it?
Hello, Here is my situation. I just became a real estate agent a few months ago. I also work a W-2 job that allows for a loan program. I will be leaving this job soon to focus on my realtor business. I've been holdin...
Oladimeji Sonibare
Is Running Ads to a Preforeclosure list Illegal?
Hey, All!
I’m starting a FB Ad Campaign to help distressed homeowners in preforeclosure and could use some unofficial advice on the law.For context, I’ll be providing actual support (showing them how to request payme...
Ali Zantout
choosing between deal options and capital us in Kansas city, MO.
Okay i have 2 deals I am looking at for my second investment property both deals are 30 year loan, the mortgage price includes insurance and taxes.. 1) first deal is 2 houses owned by one person that can be bought in...
Andy M
cash-out investment property financing
Hi I've got a 3-family I purchased for cash 9 months ago for 305k in the Boston area. I put about 80k into the rehab. I'm now trying to finance the property to take as much cash as possible out, but my mortgage broker...
Ryan Halverson
Overcoming Property Tax
There are others on BP that live in really high property taxed areas, how do you overcome this?
I have looked at 50-75 multi family units around the Chicago area and most aren't even profitable let alone 100+ per uni...
Zoey Inda
should I buy this rental
I co-own a rental property with family. It's a single family home with 2 rooms, 1 bath in Grants Pass Oregon that rents for $1225/month. I am 1/3 owner of the property. One of the other 1/3 owners is willing to sel...
Joe Nasr
Income properties calculations
Hi,
I am looking to buy my first income property and wanted to know how much the maintenance, utilities and PITI should i deduct from the gross rental income? I have been told 45% of gross income but there doesn't se...