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After owning a bunch of rental properties, I realized that for Single Family Homes, your real vacancy factor is not necessarily 10%. Why? If you have a mortgage on the house, logically then, if it becomes vacant, y...
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I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?
About the unit I'm renting: I think I can get 10...
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I'm new to the note world. I've been flipping for about 2 years and have flipped a few homes. I have a home that I might owner finance and had a few questions about it
Can I take an equity line out n the note for the...
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Hello,The question is in regards to opinions on whether to sell our first SFR for a large amount of equity money from it to be used to acquire multiple more SFR or duplex/triplex faster....or keep the current SFR as-i...
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Hi guys,
I just purchased a home warranty plan for a property that I own as a rental. I think many people here would think this is a terrible idea but I think the benefit is in the nuance so let me explain.
First, h...
Hello everyone,I am going to invest in my first rental property. I presently live in NJ and looking into Tampa, Wesley Chapel, Plant City for properties in low to mid 300s. I started my search a while ago looking for ...
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Good morning,I am a rookie REI located in Essex County in Massachusetts. I am currently researching and creating a long term plan for my real estate investment. I was wondering what people thoughts were about my spous...
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Hello everyone,I am new to this forum but since I recently joined, I have been scouring this site trying to obtain all the information that I possibly can. Throughout my search, (as far as I know) I have yet to find ...
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I was generously gifted an out of town property just over a decade ago (2008) and have more recently become inspired and excited about learning how to use this property for wealth building. I've been on BP for a coup...
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For the last 3 years investing in real estate, I had 2 major goals I wanted to accomplish: 1. Complete an apartment complex syndication & 2. Own 25 units by the age of 25. As of this week, my partner and I closed ...