Fred Ramos
Why You should Stop Buying Rentals And Become The Bank.
1 September 2016 | 1 reply
Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investment strategies, that are taught to be passive, but that in reality are far from passive for the great majority of investors.At the very core, most people begin in therental business because they believe in the fundamentals of investing and desire to create some level of freedom and passive income to supplement their current income, and at the same time would like to have some sort of control over their investment.There is nothing wrong with this, and i certainly wouldn’t want to discourage anyone from buying rental houses, if that’s what you really want to do.
Christopher Sica
Looking at the Numbers for a Duplex
5 November 2013 | 9 replies
Before making the investment, I conducted my due diligence, discovering interesting figures:CAP Rate: 4.144%Asset Value: $213,898.00Profit Per Unit: $184.65Year 1 Cash ROI: 44.33%Year 1 Total ROI: 62.68%Year 1 Total Cash Flow: $8,863.00Expenses: 39.38% Price Per SqFt: $55.34These numbers demonstrate passive income, supplementing my full-time salary and allowing me to save for a future down payment or assist in a real estate venture.
Dan Krupa
Market - is it getting crazy?
25 May 2016 | 10 replies
(it is on a 15 year mortgage with 12 years remaining) I am leaving the Army after 12 years, in Jan of 2017, and don't want to supplement that property anymore.
Courtney M.
WHAT THE HECK? Fannie Mae being shady?
22 April 2016 | 57 replies
There's usually a clause like this:EFFECT OF ADDENDUM: THIS ADDENDUM AMENDS AND SUPPLEMENTS THE CONTRACT AND, IF APPLICABLE, ESCROW INSTRUCTIONS.
Michael Haynes
Looking for mentor on first deal. 10 unit in NW Indiana
17 April 2016 | 6 replies
Explain how they can receive a down payment now and monthly payments to help supplement her living expenses for the next couple of years.
Satha Palani
Advice on 203K loan - pros and cons and which type
8 April 2015 | 10 replies
I have some reserve cash that i would use to supplement any repairs beyond the 35K mark.
Matthew Coleman
Newbie in Georgia
29 January 2016 | 2 replies
I'm currently interested in getting started in buy & hold real estate investing to supplement my retirement in 5 years.
Derrick Medrano
18 Year Old, Looking to get into Wholesale
10 March 2017 | 5 replies
I do have a supplemental income of $100 a week and do not need to pay rent at the moment.
Chuck Masters
Commercial Liability Insurance
28 February 2023 | 7 replies
After spending lots of time reading many posts here on BP regarding insurance, I've decided to go with an additional Commercial Liability policy to supplement the landlord policies to cover both properties.Since the liability insurance is with a different carrier different than the landlord policies I was told I will have to remove the liability insurance from the homeowners policies so the new commercial policy (3 million) will cover any liability.In general, am I giving up any liability coverage from the landlord policy that may not be covered by the commercial liability policy when I terminate that coverage?
Sam Gould
Becomming a Real Estate Agent
25 June 2018 | 10 replies
If you are hard working it can initially supplement your income.