I have 2 personally owned rental homes that both have mortgages in my name. I recently opened an LLC for purchase of a 3rd property next year. Until then, is it legal and will it make sense to begin leasing my 2 ren...
Hello BPer's!I am a Real Estate Agent who would like to start brokering the Buying & Selling of Multi-Family homes (2+ units) as well as one day buy them for my self as an investment. Before I would even think abo...
Hello BP community. I'm looking at the purchase of a townhouse in my local area. I already ran the numbers which look good, but your input would be appreciated. I'm cheap so I only look for low cost rental purchases. ...
I have a 4-plex in Montgomery, Alabama that I'm seriously looking at but reluctant to pull the trigger. It's currently off market but the owner has agreed to sell it to me for $83,000. It's currently in disrepair a...
Hey All. Due to my fiancee's job, we will have to relocate. So, I'm looking into possibly buying this 8 unit property. We're planning to live in 1 unit, and rent our the other 7. I'm brand new to real estate invest...
If I buy a rental property with a loan, create positive cash flow with a rental, does this reduce my ability to then get another loan for another property? I’m just getting started and trying to create a strategy beyo...
So I just evicted a tenant for not paying there rent. And I just found out that water has been shut off the unit.I plan to call the utility company. But I am wondering if I have to pay the bill that the tenant didnt p...
Looking to invest in real estate. Originally wanted to buy a duplex and rent out the other side, however I found out I simply can’t afford the mortgage/bills by myself without a tenant. I don’t want to purchase this, ...
Looking to purchase 2 units, 120k for the pair.I am going to put 20% down through a heloc.The rest of the deal will be financed through a local credit union they are looking to do terms of 3 yr balloon at 6.5%: 5 yr ...
In the above link, would the asking price of $62,900 be a good deal as a buy & hold investor? I spend 5 mins doing a deal analysis example as advised by the newbie investor webinar by Brandon Turner. Here are the ...