Hello BP,
I am a newbie and I want to be able to achieve my first rental property in the next 6-12 months. I know I want to invest in single-family/ Small Multi-family homes and use the buy and hold strategy. I have ...
Purch Price: $75k
Rent Ready $ 5k
Total cost = $80k
HELOC used $73k
Owner Capital $ 7k
Expenses: MNTH / YR
T/I = $221 / $2652
PM = $80 / $960
Ma...
I am definitely going to meet with a CPA, but I want to understand on my own as well. We did our first HML this year, and I am confused about how I treat this for accounting purposes. I am using Wave Accounting. I d...
New investor here. I'm trying to do quick analysis for properties using mostly rules of thumb (50% rule, 1.5% purchase price for rent, ect.) I feel like I'm horriblely estimating them. I'm not sure if I'm using the ru...
Hey, I could use some pointers on whether or not I am doing analyzing the cash flow on properties correctly (or whether or not I'm even on the right track).
I'll provide an example property:
3 bed 2.5 bath townhome...
Hi, Brand new here! I'm practicing analyzing deals before I get ready to jump in the game. I wanted to double check and see if I'm doing this correctly. 3 Units - 1-4bed 2-3beds going rate for rent is around 800 a bed...
Hi,
I heard about this Alternatives Program (HAFA) coming into effect in April. I am also getting a lot more offers accepted that I didn't have before so I am suspicious . . .that's my nature btw.
I am thinking it ...
Hey guys, Q: Say there is a downturn/market correction in the next year or two, what's the best strategy today if you're hungry to get involved with REI? I hear time and time again from podcasts & advice online th...
Two articles that appeared in the trade press yesterday suggest that it may be happening.First, in Globe Street, there appeared an article called "In Volume Dropoff, It's 2017, Not 2007."This article cited a Real Capi...
Which Atlanta neighborhoods do you think are going to hold up best during the turbulence ahead?