I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:
Total monthly income from the property / 2% = purchase price. ??
...
Anyone know of any hotel or hospitality courses in the RE world? Any good mentors or gurus? Not talking about short term small airbnb rentals.Looking for hotel/motel/boutique hotel gurus.Thanks
I have a Short sale under contract for about a week that I'm going to flip. I'm financing this flip so as an investor I have to put down 20% of the purchase price to get the conventional mortgage. Which I am pre app...
Investment Info:
Condo buy & hold investment.
Purchase price: $266,000
Cash invested: $9,400
Sale price: $450,000
I purchased this condo in Destin using a VA loan, in the Spring of 2021, putt...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $90,000
Cash invested: $22,500
I was looking to buy a home in Akron and had a criteria I was looking for. Against m...
Investment Info:
Single-family residence buy & hold investment in Milford.
Purchase price: $115,000
Cash invested: $60,000
Sale price: $235,000
2/1 Single-Family Investment Property
Located...
I have a project underway and am doing some of the work myself. I'm curious if anyone else has run into a problem when rehabbing a property, and doing the work yourself. Have you been required to have a General Contra...
Where can I find lists of absentee owners personal addresses? I read in a book about flipping that I could call a title company and have them give me a list of home owners with out of state tax id's. I've called a cou...
Hello BP Community, My business partner and I are currently under contract on a Triplex 1 block from the beach in the Panhandle of Florida. It's an excellent property because it will cashflow well as a LTR, but substa...
Hey guys, hopefully this question makes sense. I'm just a small time investor, but my portfolio is to the point where I will be expanding through 1031 exchanges into new properties. Within the next year or two I will ...