I would like to invest in either Austin or Detroit to buy and hold. I have 200K to invest.Any recommendation on which one has the highest cash flow? Any advice? Should I focus on a condo? single family or take a loan ...
I just wanted to take a moment to introduce myself. This is my very first posting. My name is Ed Becnel. I am new to real estate investing (a "newbie"). I live in Covington, Louisiana. I am 56 years old and am a senio...
I'm interested in a (remote) turnkey property as a first rental, and did my first analysis on some turnkey properties I came across today. The seller offered some quick financials that looked great at a glance, and al...
I have two single family homes that are rentals in two different college towns. I have owned one for 10 years and the other for 5 years. I am a college prof and have lived in college towns most of my adult life. I fee...
Hi BP,Which areas and neighborhoods would you look at for long term multi-family rentals? While analyzing the properties I found online, I found cash-flowing properties in Near Northside and Near Eastside Indianapolis...
What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
Hi everyone,I am about to close on my first two properties in Philly next week (woohoo!) and cannot decide if I should hire a property management company, or self-manage the future renters.
I have a full-time job an...
Hi everyone, this is my very first post on the forum. My wife and I live just outside of the Boston area and are thinking very strongly about renting out our primary residence and moving abroad. I’m wondering if it is...
After many years of analysis paralysis, I'm finally in a place where I'm ready to make my first real estate investment. My plan is to use my HELOC from my current primary residence as the down payment. For someone in ...