Hi everyone and I hope you all have a wonderful day,First, a little bit about my background.

@Nicholas Jose Tax Return, Bank Record, Credit/Background Check, copy of driver's license, and previous landlord contact.

Hi everyone, My names Rowan. I got into real estate about this time two years ago. I joined BP after attending a local REIA meeting and heard about BP from one of the other attendees. I met my mentor there and we star...

So technically it might cash flow more than the actual mortgage but the idea would really be to have an investment with great financial/economic returns but little short term cash returns.

So, I haven’t posted about my first deal yet because it’s still technically a work in progress.

I hear the horror stories constantly of the bad tenants who slip through the interview and background check cracks.

Depending on the rental rates, you would want to calculate ROE (return on equity) and you could potentially see what rents you are getting and refinance some equity out to use on other deals which would increase your ROE, technically lower your ROI on this property but would raise your overall ROI if used on another cash flowing property. 

Its a Christian Health Sharing Service, Not technically Insurance but still pretty good rates and deductibles.

The background:  I once lived in San Antonio and My wife is from Austin.  

Let their experience protect your interests and allow you to take a better negotiating postion - in the background.