Wyoming opened their Emergency Rental Assistance Program two weeks ago. As of today, they've only received 2,500 applications, totaling $5 million in rent and utility assistance. The program has $160 million available...
My partner and I have been talking about becoming landlords for well over a year now. It was always sort of an “idea” in the back of our minds but then sometime in April we became really serious about it. We started l...
I know it isn't a popular option on here, but I just bought my first rental. We shall see how it goes. Actually, not even a mobile home. It's a travel trailer. Will be renting for $650 a month less $260 lot rent.
I’m a 21-year active duty military guy who started renting my home after being transferred out-of-state. The home is in Anchorage, Alaska and I live in Atlanta. In 2014, I began doing short term rentals from May-Augus...
At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
Hello all. I apologize if this post is poorly written!!I have been doing research into the hold strategy of: buying with cash (personal or borrowed), then rehabbing, renting and refinancing with conventional after sea...
Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...
So I just completed my first Brrrr.
Purchased house- $235k
Rehab-15k
Appraised value- 325k
Currently rent- $1,950
Mortgage- $1,681
Cashed out $250,000
So
I think I did a pretty good job for my first brrrr t...
How Important is Depreciation in Buying an Investment Property?
HiI am new in real estate investing and was looking to one day buy a SFD in my area. However, the "2% rule" seems totally shot in my local market. Looking at several online tools and doing some comps on Craigslist, i...