I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
I, like most of owners with more than a handful of leases, tend to put some sort of separation between the tenants and me. With most properties, this separation, usually via a management company, is desired to preve...
Starting this thread after reading through the "Austin is Hot" thread. After reading that thread, the Austin atmosphere looks similar to California. I'm a California investor and certainly a dearth of deals out ther...
Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage. Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr, 3.85 on 30 yrMont...
Hi Everyone,I am closing on my first rental duplex in mid-December located in an opportunity zone. I do not yet have an LLC set up for this property and it will be owned by my husband and me at first. We were planning...
Time is money and everyone who joins one of the several similar forums out there is likely looking for some education so they can either make their first deal in real estate, or polish their skills. Unfortunately, ex...
Hello,
I'm doing some research into starting a hard money lending business in California. The loans would be first trust deeds on non-owner occupied residential property (lending to RE investors) and the business en...
Just listed my first flip. My agent did the comps and after doing my research I instructed her to list a bit lower. The property is at 20 DOM now and there has been 4 viewing with no offers. This flip is in Baltimore ...
Hello there,
What would you recommend to anyone interested in investing in mobile home parks? Is there any specific training or education that would be valuable to increase my chances of a positive investment...
Looking for advice....Nightmare situation and tenants.Hello All, I rehabbed a beautiful house in Southern Ca and recently rented it out Aug 1st. In the first month of the tenants residing my property manager has recei...