Hi all, I'm a new investor trying to buy my first rental property. I live in Long Island, New York. I make 6 figures, my DTI < 10%, I have excellent credit, I've been pre-approved for a 650k loan, and have a nice c...
My wife and I are looking to flip houses between central and north Alabama (Birmingham to Huntsville and anywhere in between). Any input from local investors in those areas on what looks good right now? We've looked a...
Hi everyone, I hope y'all are doing well. I tried to analyze my first property today. I'm really not sure if I did it right because it seems like a really good deal (I'm not anywhere near ready to buy yet, just learni...
There's lots of discussions in these forums of the pros and cons (mostly cons) of national STR/vacation rental property management companies like Evolve, Vacasa, etc. I've had good experience with a local property man...
I have 20+ rentals and need to start refinancing a few of them to take advantage of residential loan terms. I have no problem qualifying in terms of Credit, Income, Assets, and strong Appraisals. I was just notif...
Hey Guys,So I've built my own financial model and been running deal after deal through it and cannot anything worthwhile my time that meets my desired returns (10% COC with a value add play to possibly double my money...
Hi all, we have two tenants (I'll call them Jane and Alice ) on a 1-year lease which began in December.They did several things to violate our lease agreement which included 1) bringing in a 3rd tenant without telling ...
Hi BPers,I am trying to valuate a small multifamily property. This is a B class property. It is in good condition, but has a lot of deferred maintenance. The property is in the Michigan in a midsized urban market. ...
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
Potentially my second small Multi-Family in very hot market (Ada County Idaho, basically Boise and surrounding suburbs).
Would you invest or wouldn't you invest? Please explain.
Location: right next to a nice Unive...