Hi all. I am moving to Pensacola in a few months and will be stationed there for 1 year. I am interested in investing in a property for long term rental but I do not have much knowledge on its market nor do I have any...
Hi all,
Long time listener of BiggerPockets and am just getting started posting on here. Any other advice other than what my title and description say on starting to do short term rentals in Des Moines, IA (populati...
I'm super nervous about my first deal and I want to know if this deal is any good. I will be house hacking a duplex selling at $163,000. After I analyzed the numbers I would be cash flowing $623/month after I move out...
My mortgage broker told me it's nearly impossible to find a traditional lender that will do cash-out refis for investment properties right now. With COVID-19, banks have too much uncertainty around future home value...
There’s a vacant home near me who’s owner passed away in Nov 2019. Doesn’t seem like any relatives live nearby. I looked on the county records and the home is still in the deceased gentleman’s name.Seems to me like it...
Hey BP! I heard on a podcast about how ppl run there income rent through an LLC even though the property is under a personal name. So my question is can I do this? Can I have my tenants pay there rent to my LLC and th...
I am looking to finance a condo for yearly rental but not sure where to start. The condos I'm looking at will not qualify for a normal FHA loan because the high percentage of renters and investor owned. The condos I'm...
Hi GuysIs it me or the broker just all of a sudden has gotten more restrictive?? I have my eye on a 3 unit property in CA, and now everyone wants 25% down payment, where are you can do 20% before, is anyone seeing thi...
As an early 60s aged new investor, I am wondering if I should focus on paying off of my current rental properties 30-year mortgages and enjoy the increased cash flow in a decade or should I continue purchasing more re...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cincinnati.
Purchase price: $198,000
Cash invested: $6,930
This is a HUGE brick duplex in Pleasant Ridge (a relatively hot...