Ive been managing 2 SFR for years. That is easy. Im hoping to find a partner to put the money down then I will manage this. I should also be able to increase rent 200-400 a month. When I get to 10 units ill get prop...
If I apply for an FHA loan on a multifamily property, will the anticipated rental income increase the total loan amount that I can qualify for?
Hi,I recently purchased an investment property out at Memphis, TN last month - 4/2.5, nice schools, low crime, etc. and the appraisal came in at $140K. Comps with better condition around the area was $155K (so -15K f...
1.0 IntroductionI really enjoy reading other investors' diaries of their stories. I always learn a thing or two from what they did right and what they did wrong. It is also what led to my first diary on BP - I want to...
‘Unhinged’ And ‘Abnormal’: Fed Warns Of Housing Bubble As Average Cost Of New Homes Hits Record High
https://www.dailywire.com/news...
The continued rising costs in the housing market have caused the Federal Reserve...
Hey guys, I wanted to know is there any websites or ways I can practice running numbers on homes. I ask because right now I go online and just pick a home off zillo ect and then play with the bp tool calculators but i...
I was reading in one of Brandon Turners books about how he will only purchase a property for 20% less than what it’s worth in order to protect against a market crash. My question is, will the market not drop less than...
I'm looking into getting my first buy and hold. After looking for multifamily properties a casual conversation with a coworker turned into the potential for me to buy an apartment building from her relative. He...
I recently received a great promotion and relocation offer from my company. My salary is doubling, I'm moving to a state with no state income tax, and the cost of living is only slightly higher than my current town. T...
Just closed on my first duplex and I am inheriting a tenant from previous owner. Seems like a nice tenant but still don’t know. I will be taking the lower unit and his 1 year lease ends at the end of month. It will de...