Nathan Shankles
The 2% rule - how close do you stick?
I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wond...
Brian Colbert
Has anyone found an easy way to explain to an agent how the short sale process is a good deal for everyone?
It seems to me in California at least it is hard to get an agent to take offers very seriously. With all the DRE hoopla Negative articles being published everyone is afraid to get involved :roll:
Regardless how you ...
Charlie MacPherson
Universal Rent Control? Cynthia Nixon has proposed it for NY!!
I try to avoid political discussions, as they never lead anywhere good in the business world - but this one strikes at the very heart of REI. Former "Sex and the City" actress, Cynthia Nixon is running for Governor o...
Doobie Sims
Pursue Delayed Financing, or keep paying HELOC?
I'm looking for some advice on the whether I should hold on to paying my month HELOC payment of $613 a month for a BRRR property, or should I go ahead and pursue delayed financing? I purchased a property ALL CASH for ...
Patricia Miller
Relationship between BRRRR and the 50% Rule?
As a new investor, I am leaning toward the BRRRR strategy. However, I'm having trouble rectifying the third R with cash flow goals as part of this strategy. If I purchase a property that appears it will offer me a ca...
Marisa R.
Foreign Investor - How I turned $500K into $2M
Just thought I would provide an account of my journey since I started investing in US property market in 2011 and more recently Detroit. Perhaps this can provide some inspiration/feedback for any wannabe foreign inves...
Joe Banks
Exceptions to the 1% Rule in Austin?
Hello, I've been searching rental properties in Austin for the past 2 weeks and did not find anything that passes the 1% rule or has a cap rate over 7%. It's more like half of that.If you were to find a property with ...
Grayson Gist
Evict or cash for keys?
Hey all,
My wife and I just bought our first small multi family (fourplex) that we intend to owner occupy. After closing we sent one of the units a termination of their month to month lease because we have to move in...
Ned J.
Picking my next tenant
looking for some insight on selecting my next tenant...I'm doing my applications through Cozy and I've used a lot of the guidelines I've learned about on BP...just trying to figure out my "deal breakers"House is up fo...
Travis Elliott
What about buying a house on Credit Cards?????
I am thinking about getting enough credit cards to buy a home with them instead of using the bank..
Here is why.. I bought two homes this year and I am almost out of money.. My thought is this. If I can buy a third h...