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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...
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A little background: I'm a 21-year-old rising senior at Clemson University with about 20k to invest. I have my Pennsylvania Realtors License. Besides taking some real estate classes, my only experience in the field in...
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A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
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I am currently a senior in college and am giving thought about where I want to live once I graduate in May. I want to invest in buy & hold properties with good cash flow. I have heard Austin is a great place to li...
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I'm looking for leads to wholesale in the list of notice of default, but before I knock on someone's door I just want to ask what should I say to them without offending them?
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After hearing the Rock Thomas episode I looked into M1. The concept makes a lot of sense but paying $700 a month to network is quite the cost/commitment. Anyone on here taken the leap of Faith? I would love to hear fr...
Hi, I was watching a kiyosaki vid, and I heard him talk about Jared Kushner not paying taxes in regards to 3 forms of income. I’m not totally sure what’s being said here and I’m not asking for the “safe” “sounds real...
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Hello, I just finished "The Book on Rental Property Investing". I enjoyed reading the book, I found it very inspiring and informative and I appreciate how the book shows you real world examples on how you can build yo...
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I’ve read weddings can make 5-25k per wedding much more than any short term rental or traditional rental property. I’m simply renting out the property. Vendors such as florist, cake, tables, wedding planner is separat...
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Hi BP,I need your advice on whether I should get rid of my problematic out of state SFR rental property or take a loan to gut it.It’s a 120-year old 4br 1ba SFR in a not-so-good part of Allentown, PA - very typical to...