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26 January 2025 | 5 replies
So I want purchase it as my first rental property it's going to need rennovations for sure not terrible shape just older rancher home.
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30 January 2025 | 5 replies
With a purchase price of $250k, your rent is WAY too low!
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23 January 2025 | 3 replies
Quote from @Jacob Campbell: Hello - After listening to the podcast, I've made a commitment to purchase a rental property by the end of Q2 this year (ideally by the end of Q1).
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4 February 2025 | 18 replies
The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.
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6 February 2025 | 7 replies
That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.
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10 February 2025 | 9 replies
i want to be on a team and work with others and purchase subto deals.
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3 January 2025 | 8 replies
Most of our loans are fully amortized and those that aren't, are 10 year balloons where we'll have more than 50% equity (at the purchase price) upon loan maturity in 2030+.
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7 February 2025 | 6 replies
And we usually replaced windows/storm doors and HVAC systems within a year of purchasing older units, and this has helped as well.
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15 February 2025 | 3 replies
Thirty years ago I started purchasing and living in properties in upcoming inner city neighborhoods that required renovation.
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5 February 2025 | 4 replies
I have helped many new investors purchase their first property in Memphis and LIT.