Investment Info:
Single-family residence fix & flip investment in Bay View.
Purchase price: $115,000
We picked up a flip from a wholesaler. Truth be told, it was a mostly finished rehab and presumab...
When looking at homes in auction would you still follow the 70% rule? And what costs does the 30% percent account for?
I’m currently house hacking a two family home renting out two apartments (living in the basement apartment I built for myself) I have a FHA loan but my questions are related to filing taxes, & claiming income / d...
Hi Everyone!
I am starting to learn about real estate investing. I’ve been watching some webinars, listening to the podcast, reading the forums, and I plan on buying David’s book in the next couple of weeks. I was ju...
Is anyone putting safeguards in place to protect empty properties, especially those with construction going on? We had a break in last night on one of our projects; fortunately, sheet rock is going in and loss was min...
First time posting here. I live in Ogden, UT and currently have 10 townhomes that I rent and manage myself. My goal would be to have 20-50 doors in the next few years. I put down payments all of the properties, ve...
We have 13 units (mostly duplexes and one 4 plex). We bought them a year ago hoping to keep them until we retire but I’m learning that a lot of investors only hold for 5-7 years? What is the reasoning behind this thou...
I am closing on a 2 bedroom condo next week, but need to renovate it (new flooring throughout, brand new kitchen and applicances, repaint), which could take ~6-10 weeks. I am currently living in an apartment and my l...
Hi guys,Lenders have strict DSCR requirements. For instance coming in at a rate of 1.3 per year. I bring this up because during the initial years of building ownership, to improve long term cashflow a building owner ...
Do you use a specific wording about WHAT and HOW your property is clean and returned to receive their security deposit? As in....steam clean carpets, grass mowed,etc?
Any examples?
Thanks to all that answer.