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I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...
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We have the opportunity to buy 12 single family units that are already rented through a portfolio with seller financing. We are still in the early stages of setting terms and we are out of state so haven't seen the p...
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What should my Max offer be on this property??
Should I buy?
So my great aunt is getting up in age and her property is for sale, to me specifically at the moment. I have until the end of 2014 to purchas...
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I've read in some forum discussions the downfall of multifamily real estate that lacks utility submeters. Obviously it eats away at profits if the landlord is paying for certain utilities. I don't understand why a f...
I heard on a YouTube video that in order for you to move out of your 1st house hack after you've lived in it for a year, you need to have 25% equity in the house for you to move on to another house hack. Is this true?...
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Hi all,I've come across a 2 unit fully leased bringing in around $2600/mo (~1300 each unit) and selling for 185K. The majority of the costs are "Condo Fees" which include water sewage heating trash. Electricity is pas...
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Does the 50% rule apply to single family homes? If so, what is a good cash flow spread to expect? The property I am looking at will probably yield about $250/month cash flow according to the 50% rule. Is this enough?
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I know a lot of you guys are against buying anything with an HOA due to it interfering with cash flow however…In Myrtle Beach SC you can get a nice Condo/Apartment for about 35-50k…My question is, if you pay cash for ...
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I am a first-time property owner, and I just purchased a triplex; I kept the original landscaper. He doesn't send out invoices and just gets paid by zelle. How do I write that off at the end of the year, if i have no...
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Okay so I have analysis down pretty good but just some aspects are unclear to me about the actual process of how you separate the incoming cash between repairs and cash flow. I'll give a scenario because it's hard to ...