If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
While short-term rentals are seeing slowing demand, mid-term rentals are taking off (and fast). Mid-term rentals, also called medium-term rentals or MTRs, are thirty-day or longer stays, usually for traveling professi...
I am a new investor from the Bay Area looking to buy out-of-state properties with cash flow in mind. Some cities I've been looking into are Indy, Memphis, Kansas City, Toledo, and some others as well. I've come across...
Hello! My husband and I bought our first apartment buildings this year. We bought them in our own names. My dad has done a lot of handy man type jobs for extra income: painting, new faucets, flooring, etc. He is a tea...
In the past all of my direct mail has been to high equity Absentee Owners. I started with yellow letters but found that Postcards really work best to reduce tire kickers and promote motivation.
I am trying a...
I'm wondering if anyone is even considering short sales as a buy. I've never had a good expierence with a short sale, always due to the bank dragging their feet and delaying the deal.
Buyers get antsy and walk away. ...
Hello all!
I'm a new investor in my 20's, getting ready to file my first year of owning a Duplex - renting half and living in the other half. My questions surround how to structure my taxes of course. I've always fil...
My goal is to build up to 50 properties. Where have you had the most success? I am open to any location. What is your best advice?
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Experienced investor here. Bought a park 6 years ago, distressed property, about 2 hours from my office. High vacancy, poor condition, poor management. I started off great the first couple of years. Was staying ne...