I want to brrrr or flip properties and was super pumped, ready to jump in but I'm seeing the cost of rehab material out of control... Curious what other BP investors are thinking about these issues? I know you want to...
Hi Community, I'm doing the math for the profitability of a rental. It looks like even with the 1% rule for rent and a low interest rate, I don't even manage to get 150$ of cash flow. Would like to know your opinion, ...
MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...
I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
Update 4; 2.23.14
Good afternoon everyone, this is my 4th update and my report for Weeks 3 and 4 (Feb.9-Feb.23) in my 2nd yellow letter campaign in attempt to wholesale pre foreclosed SFR's in San Diego, Cali...
Hello all. Hoping to get some advice as to what our best course of action should be. I’ll explain the entire situation, so I apologize in advance for the lengthy post. My husband & I are closing on an investment p...