Jason Bilbrey
Help Analyzing 16 Unit Rental
Hi everyone - Looking for some advice on a property I'm considering purchasing.Offer price is 1.425m - Financing available is 4% with 20% down required. Monthly rent income is $13,760.Monthly Expenses are:Insurance: $...
Jared Sandler
Important Questions for a Hard Money Lender
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
April A.
Investment Club in Los Angeles
Hello,
My name is April. I am looking for an Investment Club in Los Angeles. I recently purchased a second property and I want to do it again & again. Looking to network with like minded people.
Poornima Shanmugam
Is it right time to invest rental house property in San Antonio
I'm spending more time to know whether is it a right time to invest in rental house in San Antonio. I hear that there is a chance for market crash in 2021. If I invest a property of worth 180k in rental property in Sa...
Sydney Tiffany
Asking a Realtor why a property is sold
Is it appropiete to ask the selling agent why a particular property is not selling? The reason I ask is because I have found a home in my perspective market and after analysis is seems like a promising property for a ...
Thomas Handy
Mom wants me to take over her loan, how can this be done?
A little background on the story. I have been paying my mom's mortgage for the past decade or so. I pay the bank directly. She is retired and called me last night and wanted me to pay off her 15 year loan and take t...
Ryan Dossey
Do you ever stop setting aside 35%?
I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
Robert Willard
Agent Wanted Carolinas or Tennessee
I am looking for a vacation home in the south. I want to be on the water but not the ocean. Looking for a recreation lake for boating. Think Dale Hollow but I do not want to pay Dale Hollow prices. Looking for an ...
James Woods
My house dilemma seeking guidance if possible
so I bought a house with fha about three years ago and lived in it for a year. I moved out of the property and rented it out and it is still rented out currently with positive cash flow( don’t want sell). The issue I ...
Lori Lloyd
Protection from the Financing Owners bad decisions/situations
With the market shift on the horizon I expect we will begin to see more sellers show interest in Owner Financing as an option. I've found that nearly all attorneys in my area warn strongly against it (most will not ev...