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So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
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San Diego housing price is at and above pre-recession level. I am wondering whether the timing is not right to enter market for buying and holding (for rent) when positive cash flow seems generally challenging. It s...
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Architects, builders, GCs, investors, and anyone else who knows anything about applying for permits on a late scale renovation I need your help.
OK so the title is a bit misleading since I am well aware, at least I t...
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I recently posted about a significant wind storm in October causing damage to one my tenants car (windshield and body) when branches from the tree in my driveway fell onto their SUV. This was a significant wind storm,...
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I am doing a kitchen rehab, and plan on using a Luxury Vinyl Plank. This one!Should I run this under the cabinets, or put it in after the cabinets are installed? I tend to think that this should NOT go under the cabin...
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I got a bunch of questions about a property I purchased in Chicago through Profit from Rentals (PFR), so I thought I'd put down some of the facts here. I'll attempt to keep this as a running post, so folks who are cu...
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Hi Guys,
Currently in escrow for a tenants occupied duplex in Los Angeles. We already got the tenants to agree to cash for keys to move out. They agreed to accept $2500 each (1 months rent) upon move out Oct 2020. ...
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Hi- Living in San Diego, I've decided that I want to pursue a portfolio of rentals out of state. I'm mainly seeking supplemental cash flow so multi-unit properties seem the most obvious to me, but open to other sugge...
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Hi everyone! My husband and I graduated from University in the Spring, we both have full time W-2 jobs, no debt, a 780 credit score, about $25k saved, and live in Salt Lake City, UT. We’d really love to house hack, bu...
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Hi all,
I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...