Hi I have recently started looking at investing in property in Australia and within NSW more specifically. The 1% rule where the total monthly rent is equal to 1% of the property purchase value has come up frequently ...
Have anyone ever invested in a complete tear down property? I know you're essentially buying the lot/land but how frequently do people outside of a huge corporation demo an entire home then develop on the land? Intere...
Sorry if this isn't the correct sub to post in.I'm a house flipper, I primarily do fix n flips and recently got an offer from my hard money lender where they want to fund me up 90% of the cost for multi family propert...
Do you still use the 1% or 2% rule to evaluate investment properties? I will be looking for properties in capital region NY. Based on podcasts and zillow research, it seems that there are less properties that meet thi...
Hi all. Can someone please explain the 1% and 2% rule to me again. Thanks
Hello Folks - I just finished several different real estate books including rich dad, poor dad and Investing in duplexes, triplexes and quads. In general I think they are painting a very rosy picture and paper numbers...
I am starting looking at duplexes and I am just not finding very good value especially because I am planning on doing the FHA 3.5% down and live there for a year starting out. I have found many duplexes that are aroun...
Ok ladies and gentlemen
Here's my question. I need help structuring a deal I have come across regarding possible lease option.
It's a buddies house he wants out of to move up north with his family around June
1) 3/...
I've spent all day on the phone with lenders (9am-2pm) and may have found an acquisition strategy that will work. I plan on buying 2-4plexes. According to the banks I would have to put 25% of the purchase price as a d...
Bigger Pockets Community,I need your help. No, not money, but advice. I have a career that affords me a good income, however I know, like most of you, that I would like to retire soon or have the freedom and flexibil...