Hello, I have a trustworthy friend of mine who presented a opportunity. Basically, he is apart of a hedge fund who has a 10 year history of producing 15% average returns in managed futures. He said that if I investe...
Hello,We have tenants that moved to Florida from out of state and didn’t have rental history, jobs, and also a low credit score. We rented to them as they had cash from selling their home and paid us first, last, and...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...
We'll be closing on our first STR in Hawaii early in May. I'm wanting to get my ducks in a row so that as soon as the keys are mine, I'm getting the prep started and opening up for business. My question is, when do ...
Today, I read only two blog posts on BP, and BOTH were about the same subject. Getting Started in RE investing, essentially. I believe there are very real, and many imagined impediments to would-be, aspiring Real Est...
We found a guy offering two turnkey properties as a package deal. He is asking 50k which honestly we could pay 50k and it is still a stupid deal. We would cashflow nearly 500.00 a month off of the two properties. He s...
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
We just started a new secondary market for rentals... for lack of a better term- SFRABS.
Details here.