I've found a triplex listed at $78k with a monthly income of $1300. I ran this through BP's rental calculator and 50% rule says it should cash flow about $320, however the tax percentage in my area is just shy of 12% ...
1.Raise RentsThere’s an art form to renegotiating lease increases. The tenant must feel they are getting the best deal possible and even some perks to the deal. Discuss with the tenant about having timely maintenance ...
Hello Fellow Real Estate Investors, I am excited to share some of my success stories with the rest of the BiggerPockets community, in the hopes that you may be inspired and hopefully gather some useful knowledge and i...
Great article from ABJ on why so many companies are fleeing California. I love visiting CA - the weather, food scene, wine, etc etc, but I couldn't imagine moving there from a financial perspective.
“Every company w...
For some, the easiest way to do this is to go through the past 3 months of bank and credit card statements and mark each expense with a letter or highlight them. I got this method from the Profit First system. (They m...
Am thinking of purchasing a multifamily duplex or 4plex in Milwaukee, WI to house hack. Per my research I realized that the prices are decent but the population in the city has been declining since the 1990's. Your su...
Hello,
I have been reading " The Book on Rental Property Investing: How to Create Wealth with Intelligent Buy & Hold Real Estate Investing". As I'm reading I'm writing my questions down. One question I have is in...
Hello,I'm looking to buy a house for myself to possibly live in. I noticed investors flipping houses in Willingboro, NJ? I see a lot of mixed reviews on the town itself. Many say the school district is terrible, there...
I am working with a broker to fund a loan for a duplex in Baltimore...the lender being used by the broker is Visio Lending. We signed closing documents this morning, and at 1:45pm I got word the loan didn't fund. Sell...
So we've been in our education phase for quite a while and have been saving up money to purchase our first house hack. Me and my wife have saved a sizeable down payment and have a little money set aside for business e...