
7 January 2014 | 8 replies
I am a buy and hold investor.Purchase price: $23,000Repairs: $22,000Total Investment: $45,000ARV:$68,000Gross Rent: $750/monthTax: $900/yrInsurance: $500/yrRepairs/Maint: $1250/yrVacancy Cost: $1350/yr (I used 15% but probably closer to 9%)After all is said and done I will have free cash flow of $415 per month and mortgage of $235/month.

29 January 2014 | 17 replies
When we opened the door, all I saw as a lake in the living rm.

9 January 2014 | 13 replies
Leverage.The who what when where why and how can be argued and go round and round all day but the fact is hands down the best investment for 50K is a leveraged investment, find your maximum leverage.I know it sounds simplistic, almost too simplistic, but too many get lost in all the banter of how and forget the fundamentals and end the day in a deal that "was supposed to" have xyz returns, but was never a leveraged deal.If that were all I had and would ever have........

12 January 2014 | 9 replies
Ok, all I want is to get back in the game.

30 April 2020 | 24 replies
Hello All, I am looking into possibly buying a tax lien property.

9 January 2014 | 4 replies
I will be forced to use my phone to read it.