I pay 7 percent gross rent.

So we close a lot of transactions as investors and agents. But every so often the deal falls through due to financing, appraisal, due diligence, or some other reason that comes up. Sometimes its friends or family memb...

Achieving your biggest lifetime goals doesn’t have to be a sprint, it’s a marathon.

I'd love to hear thoughts from the group on selling to my son utilizing seller financing with option for renting back for mine and my wife's lifetimes.

The "1.5 rule" mentioned in a post above turns out to be very similar to the "65% of ARV" or "70% of ARV" rules - that "1.5 rule" yields a "67% of ARV".But it does not seem to subtract out any needed repairs, which the MAO formulas usually take into account.As for sheriff sale purchases, property condition is a crap shoot - and you should usually expect the property to be crappy and make you want to shoot yourself if you don't account for condition properly :DIf you can evaluate condition (both interior and exterior) ahead of time, you can get a ballpark figure for repairs needed, and subtract that from the 65 to 70 percent rules.

Market is about 1000 dollars in neighborhood for rent, and monthly I believe i would be losing less than fifty dollars, but with zero money down is this still a bad deal?

You can get 35% off lifetime subscription and the 10% additional if you pay annually.For real estate investors and property managers, use the Plus version for Classes.When you would not use QBO:When you have multiple files.

The key is if the payments are temporary or they are given a lifetime benefit.If it is temporary they will have problems once the money is pulled.Also don't put any weight on someone saying they have applied for benefits and should be receiving them soon.Social security is backed up for YEARS right now from application to actually getting approved and paying out disability.

I have no problem with using the 50 percent rule to ESTIMATE expenses IN THE LONG RUN.

Instead they mentioned how $500,000 in the market properly diversified would net you 5 million over 30 years at a 8 percent return if you reinvested all the dividends.