Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.

There are plenty of valuable contacts, relationships to create & grow, helpful bits of information, etc.3 things I'd recommend for a new BP member looking to make the most of the platform:1.

In addition, you can use apartments.com and zillow.com to research rents for comparable homes in your area. 

Contact me directly for any additional details.I didn't think about that but I will. 

If you do and find it valuable, sign up for the full meal deal.   

Hey Elizabeth - I'd factor in about $10k to get a padsplit up and running when it comes to furnishing which would include washer / dryer, additional fridge, bedding/desks, common area furnishings if you want to offer a little better experience.I'm only familiar with ATL - I think accounting for 1 move in / 1 move out per month is a good conservative assumption here.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!

To mitigate risks, I strongly encourage getting a home inspection to fully understand what you're buying.If the property checks out, this area can be a great addition to your portfolio.

Do you feel that these courses provided valuable and actionable information, or did you find them to be more of a sales pitch?

With an ARV of 250K, you'll be able to pull out 187,500 less additional closing costs for the cash out refi.

They also offer a small business plan if you need additional functionality for rentals.