I’ve come across properties that at first, look like a good investment. Basement issues scares me the most. What would be red flags or expensive projects in a rental property to stay away from?
Is it the same as flipping homes to an investor who will then sell that same property to someone else at retail price? We use the wholesale formula to get our offer price to the seller. Then we flip property over to e...
Hello! My parents currently have 250k in cash and they would like to buy a SFH putting 50% down. They own a town house with a mortgage which they do not want to sell because it would rent for about 2k and the expenses...
I have a dilemma. This is my first post in Bigger pockets. S&P 500 index fund has given a historical AAR (Average Annual Return) of 10 % in the last 60 years and 14.5% AAR in the last 15 years as of today. The AAR...
I own two SF rentals in San Antonio, Texas and before I buy a third one, as per the popular suggestion, I wanted to move both homes in to an LLC for asset protection and minimizing personal liability. However, as I st...
As many of you know, Proposition 10 is on the ballot for November, and if passed, it would repeal Costa-Hawkins which significantly prevents individual cities from imposing rent control. It is shaping up to be a majo...
Hi,My name is Justin Lee and I am a Realtor and investor. I own a duplex in New Orleans, LA and wanted to seek advice and guidance on getting a HELOC on an investment property. This home is owned free and clear. I do ...
http://www.proapod.com/LearningCenter.htmFormulasBreak-Even Ratio (BER) The ratio often used by lenders when trying to decide whether or not to underwrite an investment property loan...Capitalization Rate ...
I was recently contacted by the owner of the duplex across the street from mine, he's sick of it and wants to sell it to me owner contract. The asking price is about 15k under market and the terms are 10% down payment...
Hi all! I'm new to the forums and wanted to see if anyone had some advice on how to start out with a 1031 exchange. I'm lucky to have inherited a property in San Francisco that I would like to sell and buy something c...