A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
I was wondering why an investor would continue buying houses and small apartments, building up their portfolio to dozens of doors or more. They keep brrrr-ing and brrr-ing and then get to 10 loans, then I guess they g...
I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...
Looking at a duplex listed for $106k to BRRRR. We think it could maybe appraise around $130k ARV. It’s in a B neighborhood. They have 90’s oak cabinets with off-white Formica countertops. One thought is we don’t want ...
Hey all,Recently, I replied to a post asking folks whether they track their net worth. Personally, I do track my net worth. However, far more important to me are my financial projection models (which include projectio...
Greetings BP Brethren!
I'm newer to the real estate business, I've been a Realtor now for the last 7 months. I've closed 4 deals, have 2 current listings and a whirlpool vortex of buyers... and half of them.....
New investor here!Considering purchasing a home that has reasonable HOA dues each month for our first rental property investment, but have heard horror stories of HOAs deciding to not allow rentals, stop investments i...