Following @Steve K.'s recent post on rising rents in his greater area, I took a look at what's going on in my small, urban target area. I'm looking at a clear 25% rise in newly posted rental properties per-square-foot...
This should be a fun topic. For arguments sake lets say.... You have 1 mil net worth in rentals. Positive cash flow. Let's say it's all financed through the bank with 20% down on each. That makes 20% of it your cash ...
Good afternoon ya'll and Go Cardinals! Please let me know what you think about this deal. This is my first investment purchase and I would be living in it. I'm running my numbers without me living in it. I would love ...
We recently purchased a property with two inherited tenants. One of them is a "problem tenant". The previous owner said they were going to terminate the month-to-month lease if they hadn't sold the property to us. ...
Looking for cities that are STR FRIENDLY! Any suggestions??!
I am a BRRRR guy- I have 27 rentals and counting. About 20 of them are financed through local commercial banks. Several years ago I called 30+ banks in Ohio to find 3 lenders who did my first 20 deals on a commercial...
Hi BP community!
I currently rent with my girlfriend in San Jose, CA for $1850 and our job is 10 minutes drive. Our commute is great but been reading House hacking and I am unsure if it is possible here. Unsure if Ca...
Hello,
I am a little lost. I need to know my next step. I Bought a Condo two years ago, but because of my DTI, I couldn't buy anything else because of the two mortgages I have. I spoke with my friend who is a re...
Hi,A friend is seriously considering building a detached 600 square foot ADU in their backyard in Southern California (specifically the Westlake/Moorpark area in Ventura county). It will have separate metering (electr...
I'm interested in doing subject to financing deals but I'm looking for someone that has done several of these deals that can guide me on what forms are needed, CPA recommendations, etc. I know the general process but ...