Quickly I learned I knew nothing about the business of trucking and truly didn't enjoy it, as all those gains got depleted.

Both units rented at $1500/mo with all utilities included.

Hello all, I'm working on trying to grow my rental business and looking at different avenues for funding. 

I’m especially interested in connecting with others who are focused on affordable housing, real estate investing strategies, and growth opportunities.Looking forward to engaging with you all, sharing insights, and learning along the way!

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

So if 3 siblings all buy a house together and all live in it when they sell up to $750k can be excluded.If married only one person needs to meet the ownership requirement-but both must meet the use requirement. 

All new flooring, bathroom remodel, paint and drywall in the bedrooms.

Hi All,Does anyone have any insights on Multi-family investing in Amarillo Texas?

We recently switched all our properties to a commercial policy with larger umbrellas my question is:Do you have your residential properties insured under a Landlord policy or Commercial policy, if so what why did you choose that one?