Hey, I would be happy to hear the opinion of investors who invest properties of $60k-$80k. In all the books, podcasts, articles I have read / heard.. there is some assumption of 5% rule of the annual rent that should ...
I am sure this was probably answered somewhere on this forum, but I was unable to find it.I took out a HELOC for $51K, and have payed IO payment on it during all of 2018. Not sure exactly what I used this money for, s...
When looking for a deal to wholesale if it is built before 1978 how do you go about the deal whether or not it has led based paint still? If it still has the lead based paint should I forget about the deal and look el...
Hi there! Just about to buy my first vacation rental in the Gatlinburg/Pigeon Forge/Sevierville area. Have been pouring over properties as well as monitoring prices/bookings on AirBNB and VRBO. Very excited but want t...
Hello Guys!how do i tell the contractor i'm an wholesaler and not going to rehab the house, just want his bid?What does he get out of this?And how exactly to tell it to him? (Than it's worth it to work with me as an w...
Good morning fellow investors....So I am in the process of putting together a sub to deal...here Is the structure347k purchase price...147k owed @3.750...I'm assuming the 147k...borrowing the remaining 200k @ 3% from ...
Hey Everyone!I love buying a lot of furniture for a bargain. As we all know, there is nothing like a good deal. What are some of your favorite ways to cut your furnishing costs? Here are my three favorite ways: Re-use...
Good evening! Both of my parents recently passed away and left me a property in San Diego, California. We are currently in probate, and I'm debating on what to do with the property. the loss of my parents and the gain...
Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.
This is our 2nd tenant for our rental property and just got a laundry list of complains after moving it. Just minor issues that we can easily resolve but its a little discouraging since we never had any issue with ou...