I've witnessed investors make their decision on purchasing a property based on it being an area considered to be a rental neighborhood, or a owner occupant's neighborhood.I haven't quite yet grasped what difference do...
If you pay your debt service from money earned outside of the property's cash flow [W2 income], do lenders consider that or do they look at the numbers from the property as all inclusive to the property?
My brother is investigating a potential investment property that could have significant upside if certain easements are obtained. He intends to keep the land for personal use initially, however. The purchase price wou...
Hello BP,I've attended multiple webinars where Brandon Turner does an amazing job doing rental property analysis which is immensely helpful. I've noticed though he uses $200/month for SFH or $100/month for multi fami...
Hi BP Community, are there alternatives in purchasing a rental home without putting down 20% of the purchase price. If so, could you please share with me your experience. (all advise are appreciated)
Hello all!I am a complete newbie to this field (and forum) so please go easy on me. Me and one of my friends are thinking of buying a lakefront Condo in downtown Chicago (2BA/1.5+ Bath). We both live few hours drive f...
Hi Everyone,
I have been listening to the podcasts from Lifestyles Unlimited. Their main strategy for buy and hold is to purchase houses and fix them up with a hard money loan and then convert the loan int...
Hello BP friends, I wanted to get some opinions on the coverage I think is the best for me, but is the most expensive..
This quote for $1377 annually covers the following
Building/Earthquake - $130,000
Personal Prop...
Hi,
I'm looking to turn my first house into an income generating property and am weighing the benefits of LTR versus a blend for STR/MTR in Denver. From my research so far and conversations with a couple property m...
My wife and I currently own a 4-unit rental property (4-plex) in Los Angeles and are now in the beginning stages of looking into purchasing a 2nd income property.
Our agent (who we trust very much) encourag...