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As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
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I'm sure the answer to this question will vary by location, but here goes. We are under contract for a duplex with an additional carriage house apartment in Louisville, Kentucky. This will be a live-in flip, and we p...
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Hi, wanted some high level advice / thoughts. My brother and I both have good day jobs and also run a profitable website as a side business (total business profit of 60-80k a year). Aside from our stocks, 401k, etc ...
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We closed on our first deal (buy and hold) Nov. 10th. Here are the details:Purchase price: $92,000Closing Costs: $1,200Rehab budget: $7,500ARV: $125,000Rent: $1,100 - $1,150The house is in Kennesaw, GA in a great loc...
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Hello,Curious for BP's advice on my situation here...I live in WA and have a condo in CT that's worth about $125,000. There's $32,000 left on that mortgage and I want to put the equity there to better use. I am exitin...
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Need some wisdom. Invested with an out of state turnkey real estate company. Four months in, we get notified the rehab of the property was completed. Looked over the limited photos provided and observed some of the...
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Is it possible to manage an out-of-state short term rental without a property manager? I don't want to spend a lot of $$ in property management. What are the challenges and how do I overcome those challenges? Any...
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I like to always learn from the mistakes of others and my own, so I thought I would ask the community to talk about a time you dug yourself out a hole?
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I'm reading How to Make Big Money in Small Apartments by Lance Edwards. Informative or not, it has definitely got the "written by a real estate guru" vibe. Please level with me, folks. Who realistically gets 10-30 uni...