6 June 2020 | 1 reply
Out of this expense, $2500 goes to rent, which ends up being $3000 into housing after all utilities and other related crap and insurance is involved.

11 August 2020 | 5 replies
.- 1st Story: 2/1 - Mid grade finish, missing upper cabinets/shelves,, range hood, same electrical / layout.Garden: 1/1 - Mid grade finish, ceiling hight is good (lower in some areas, assume for boxed out utilities), floor carpet / tile but noticeably not level.
14 June 2020 | 7 replies
Any utility expenses that the landlord pays, Gross rents*50% = Net income.

13 June 2020 | 15 replies
We left one room open by choice to take things slowly, but we plan on filling it soon.We were able to fill the 4 rooms before our first mortgage payment and our tenants all signed 6-month leases.We collect $3210 in rent every month and pay our own utilities, so we cashflow about $300-$400 while living in our own home.If we rented out the final room ($800) and included our rent savings ($800), we could essentially be getting paid ~$2K a month to live 10 min from downtown Denver.Don’t let people scare you.

10 June 2020 | 79 replies
You're really just assuming someone's mortgage and instead of collecting rent, you're collecting a mortgage payment for the life of the mortgage (15-30 years, unless they cash out early).Now it would depend on how much capital or access to capital you have to outlay since notes are capital intensive but in essence it's really just this: instead of using your out of pocket capital to pay down your debt, you buy debt like cashflowing mortgage note and you utilize that arbitrage to make your credit card/loan payments.

7 June 2020 | 4 replies
.), what each of those options offer as far as advantages and disadvantages, etc.2) How to find good resources to help you find investments (seems like real estate brokers is the way to go, but I have absolutely no clue what to look for to find a good one as far as their background, let alone where to even look).3) What websites, companies, and other resources are good to utilize.4) How attorneys are involved, how to get them involved combined with brokers, etc.
7 June 2020 | 7 replies
I am in a unique situation where one of my jobs provides an apartment, and utilities, for free.

7 June 2020 | 3 replies
(Source: https://portcitydaily.com/local-news/2020/06/02/evictions-utility-shut-offs-on-hold-in-n-c-free/

7 June 2020 | 1 reply
I intend to utilize the BRRRR method with all in costs (acquisition+rehab+holding) to be between 60-90k.

7 June 2020 | 5 replies
One of the main differences is with a HELOC you will not have payments until you utilize the funds.