Jack Jiang
Is buying a house across an elementary school a No?
Hi fellow BPer, I am planning to purchase my next property in GA, and I came across a house located in one of the top neighborhood. Everything is great (condition, rent, school) but the property is directly across an ...
Robert Gibbs
[Calc Review] Help me analyze this deal
Hey guys, can I get some feedback on this deal analysis? The deal is fully remodeled. The listing gave the average rent prices and I looked then up using the rent estimator. I also went on the higher side with the dow...
Joe Hines
Does anyone include automatic rent increases in leases?
I invest primarily in SFH in North Florida and my average tenant stays in place over 3 years. I love the stability, but it does mean I slowly fall behind on NOI as costs for landscaping, taxes, etc slowly creep up. ...
Jeff V.
Showing Equity on Balance Sheet BRRR Strategy
This question is to those accounting/bookkeepers out there.Lets say I purchase a property for 30k and put another 30k in repairs/holding costs for an all in cost of 60k. The property is now worth 110k and I'll be hol...
Steven Taylor
Under contract for two SFH beside one another with a pool in betw
I am about to close on two SFHs in adjacent lots. There is a pool in between the two houses, that could be utilized by the residents of both SFHs. The pool actually cross the LOT line for one of the properties and run...
Ben Duq
Loan interest rate lock
I was quoted an interest rate on a good faith estimate and the loan was sent to under writing/ loan approval two weeks ago. Just today my loan officer emailed me and is quoting me a rate about 1.25% higher. Can anyone...
Sylvester Hardison
Insurance for Rental Property
Hello, I am new to rental property investing, and currently in escrow for my first property. I am looking for any suggestions of where to start looking for reliable rental property insurance. Any suggestions please s...
Karim Smail
Section 8 tenant
Hello everybody, I am looking to purchase a property with a section 8 tenant, and the rent is way below market at about $800 for a 3 bed house, while an average rental is about $1300 to $1400. How to increase the rent...
Joe L
New member here from NY
Hi i am a new member here eager to learn about commercial RE. I have always seen commercial RE as a smart long term, passive income stream. I think recently internet/e-commerce has posed a huge threat to the perceived...
Daniel Patton
LLC questions
So I am currently set up as a sole member LLC (officially as of today) but have not yet filed the 8832 or 2553. My question is, does anyone have their LLC set up so that the only member is actually their living trust?...