Hi,
I am looking to buy my first income property and wanted to know how much the maintenance, utilities and PITI should i deduct from the gross rental income? I have been told 45% of gross income but there doesn't se...

**This will be post 1/2. I will post an update w/pictures and final numbers after refinance**
Please read and let me know what you think of the deal!
I'm a 26 y/o full time law student in the DMV area who graduates ...

I have negotiated a deal that is in escrow, but I just found this site and now I am not sure I should do this, I could back out or renegotiate, potentially losing my $1K earnest money. This is a 9 unit property in El...

How do i judge a renters credit check results?

How do i tell a good renter from a bad one based on credit report.

Is there a minimum credit score they should be that tells me how bad they are?

Try...

I'm new to the industry and I want to be taught how to do it right. I live in a nice area in Queens, NY, there are a couple distressed/abandoned properties in my area. There's one in particular that I'm talking abo...

Hey BP. If I rehab 30 year old house to match a much newer house in same neighborhood, making sure roof, ac,heating .... Are all close in age, cen the age of original build make enough difference that they can't b...

First off I need some help understanding financing on a 5 plex. I've read that I can't do a convention 30 year fixed on property with over 4 units? If I can't what options do I have and how much higher are the inter...

Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...

Investment Info:

Large multi-family (5+ units) buy & hold investment in Chattanooga.

Purchase price: $4,120,000

Cash invested: $50,000

Sale price: $6,850,000

Multi-Family investment funded wi...

I have read several articles here about the benefits of scorp vs llc and I'm going to work towards a series llc to hold the properties in 2021. In early 2020, I started a multi-member LLC (2 members) and elected scorp...