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As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
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OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...
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Besides the obvious write offs: gas, home office, etc. What are some of the worthwhile things you have bought that have a huge write off? At over 200k/year, with the progressive system your top end income is nearing 5...
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I’ve read a few articles reporting that the idea of Rent Strike(s) is gaining momentum. Apparently, advocates have moved past a request seeking deferred payments, or other options, to simply demanding that rent be wai...
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Hi BP Community!Would love to get your guidance as I think this might be my very first deal. -FSBO priced at $80K (free and clear)-Owner is an elderly man who purchased the lot for $60K nearly 20 years ago through a f...
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There is nothing sane about what you have to be prepared to do in order to make a start in this business. Please take that as a given. The only thing I can fully agree with Grant Cardone about is his statement that re...
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You know how once you decide to go all in and start doing something it feels like everyone is doing it? Maybe it’s just because now I’m a part of this community and I’m completely absorbed and enamored by all of this,...
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My last post about my start in real estate got a decent amount of traction and I'm looking to continue providing some value to those starting out.
I'm a former data scientist and my superpower on teams is underwritin...