I know typically Condos are not the most ideal investment as they don't tend to appreciate. However, we are considering them as a potential rental investment. Given the tend to be cheaper, we could pay most of it in c...
Economic Update(Happy Martin Luther King Day)
Predictions for 2021? As 2020 has shown us, the world can throw so many curveballs at you that predictions can be about as useful as new year’s resolutions. In that s...
https://www.biggerpockets.com/...Hey Bigger pockets. Here is a deal I am looking at in Minnesota. It is about 2 hours from where I live. The caretaker does pretty much everything except snow removal, which my dad woul...
We currently have an Indianapolis duplex under contract. The property is tenant occupied with section 8 tenants. I've searched for information on taking over a section 8 tenant, but it seems to be unclear. We are not ...
My research into NPN's had sparked an interest in being a hard money lender using SDIRA. I know the mechanics. But, I really don't know what I don't know. Thought I would start a conversation and see how bad @Bill Gul...
Hello everyone. I have been lurking on BP for some time now, but with the start of the new year, I am really trying to put together my plan.
Here is my situation. I am an attorney with stable income, but look...
Its a little early in the game at this point but this is what has happened so far:Me: Hmmm... I see 5 For Rent ads on Craigslist with the same title but different properties. I bet this is an investor. I wonder if ...
I am looking to get into doing fix & flips. I currently have 3 rental properties and now want to move on into fix and flip. I have 3 associates / relatives that would be doing my renovations, as I would be finding...
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
Has anyone quit their job after just one or two deals?
After the second one I have in mind, my net income will equal my W2.
Just curious. I am tempted. (I posted this in the STR discussion because I doubt this has...