When analyzing a multi family property would included the current property tax, or would you calculate the projected tax based off the potential purchase price?
So we have a tenant that we inherited who is paying minimal below market rent for almost 3000 sq.ft. They do not pay anything towards utilities, taxes, maintenance etc. We have taken over the property and looking to m...
Those with Jersey Shore vacation rentals:
Is there any local/state/federal aid being offered for vacation rentals? How about aid through online rental platforms like VRBO, HomeAway, AirBnB, etc.?
If the stay-at-hom...
Hi guys! I'm looking for a lender who isn't afraid of owner occ FHA loans where projected rents (75%, I know) are used as qualifying income. Someone who is savvy, creative, and responsive. Pleeeease send me your recom...
Hello smart people!The BRRRR method seems like an amazing way to get involved in real estate. But before I commit to this I am curious about the exit strategy. If I decided to leave for 3 months (to sail the world for...
This property was in my family from homestead times. It passed from my Great Grandfather to His daughter. She died intestate. Then her Husband died intestate. They had 2 sons who had both died childless prior to th...
Hello everyone,I currently work / live in New York City area. My goal is to purchase a duplex for rental investment in the next 12-18 months. Given the market I'm in, if I want to start rental investment I will have t...
Just getting started in REI and ultimately looking to utilize the brrrr method to acquire and rent properties.However, I have a property down the street that I have had my eye on for a while. It’s vacant and distresse...
Hello
Is there a thumb rule to determine if a rental apartment or home deal is good? What should be considered a good return % wise, let's say in Houston, TX or Minneapolis, MN or Chicago, IL.
Thanks
Sid
Good day BP! Just trying to figure out where to start. I have a very good W2 Job that pays well, but would like to get started investing. i have talked about moving into becoming a contractor or realestate agent in...