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Hello BP gang!I've heard quite a few investors talk about using the 2% rule as a general rule of thumb when evaluating for buy and hold deals for cashflow. However from analizing the rent to value ratio of residential...
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I am working with someone who may get foreclosed on. They just want out of the house. In fact they bought a trailer and have moved out. They owe about $4k more than it's worth and no one will make any offers. Her paym...
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Hello everyone,
It's been awhile since I've been on here. I have a question to propose to the wholesaling gurus and possible the moderator, if necessary.
I've been working on wholesaling a number of pr...
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My wife (@Elizabeth Wilson) and I bought and remodeled a laundromat in Memphis last September. I was just wondering if there were other laundromat investors also on BP to connect with and share ideas on how to grow a...
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I want to start out buying multi-family properties for rental income. I just landed a good job at a large engineering company, but the housing market is expensive here in Flagstaff, AZ, making the barrier to entry di...
I am closing on my first rental in two weeks. It is a single family middle unit townhome. Total mortgage payment (including taxes and insurance) will be approx. $1,850.00, the rent goes for $2,400-$2,500 a month, and ...
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I just read this article and thought it was very interesting. It makes a lot of sense that these boutique hotel companies would look to smaller cities that are being revitalized as they can acquire property for a fra...
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I just put my first unit on the market and I'm getting a whole range of interested parties. Many of the folks who seem like decent potential tenants have lower credit scores. There are many folks in the 600-650 rang...
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So I have a few books I bought to further my education. When I read the first two I really learned nothing more then what I learned on this forum. So my question is:
Are reading books any better then reading everythi...
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Hi BP! My husband and I have been considering moving from the suburbs into an LA Duplex 2+1 and a 1+1 for house hacking. There is a Section 8 Tenant in place in the one bedroom with under-market rents. We would like t...