When considering your budget, is there any general rule of thumb for the percentage of money you spend to buy a property vs the percentage for renovations vs the excess left for cushion/emergencies? I will have a set...
Hi All,
Over the last couple of days 4 or 5 deals have come my way that seem pretty good (this is preliminary observance... no extensive research done yet). If they all check out they would be great buys for me.
I ...
Potential first investment property Duplex: Both large 2 bed, 2 Bath, each has a garage, large yard, in single family neighborhood, separately metered, laundry in each, needs very minimal work, pretty much turnkey. $...
Hello BP members,I have been wrestling with the idea for the last few months on if I should make my next property a rooming house in Milwaukee, WI.Before everyone just screams a collective "hell no!", let me tell yo...
We are looking for our investment property. Our first rental. I have been reading a lot and listening to the ipods. Love them. Josh encourge to ask questions no matter how crazy they are. So please help. Sorry it...
I’m in a hot market trying to find my first rental property. I started with a high expectations on the cash flow but after spending a good amount of time trying to find a deal I realized it’s not that easy so I adjust...
Hello, I'm currently putting a plan together that involves me selling my 3 duplexes + 1 condo and using 100% proceeds towards a down payment for a larger 8-16 Unit building. It's definitely more complex than describe...
I'm about to enter into an investment deal with an energy company in which I will be entitled to a 15-year income stream. Pre-determined amounts will be paid to me in inequal yearly installments (e.g. year 5 pays $12k...
My rehabbing and flipping business is really quite easy to manage in terms of book-keeping. It does not send invoices, do payroll, etc. We have income, expenses, assets and liabilities. These can be categorized for...
Hi, I'm wondering which is better? Below are 2 examples of leverage asset VS solid asset. Please help me by contributing your most valuable comments. This topic has been running around in my head all day long. Thanks....