An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
I'm shopping the market for my first duplex to house-hack, it's my first time buying a property, period. I plan to use a FHA loan and put down somewhere from 6-8%. I'm finding it very difficult to find deals that will...
Hello BP Community,I've been listening to podcasts, and reading all about rentals for the last 6 months. Now I had a quick question from all of my readings. What tells you a deal is worth your time? Looks like most of...
During the crash I was fortunate to be able to purchase 9 rental properties between 2008 and 2012 at incredible low prices. I am now 60+ years old and replacing toilets, climbing on ladders is getting old. I am try...
Just got a call , its 11.33 pm on the east coast and one of my properties is on fire. The tenant called me and she just returned home with her two young children and everyone is safe. The house is in Dayton Ohio and I...
Hi Everyone,I have a potential tenant who has a 529 credit score, and 6 accounts in collections ($4k total). They earn 3x+ in income, no felonies, no evictions.The credit score would normally mean I would deny the app...
So.........................................Here's the deal.
I know a really really really smart guy. He's what I'd call an 'actual expert' for Bank Of America.
Well, recently, I went to him and said, handle all my...
Hi,
I was wondering if it was a good idea to lend money from a HELOC on your primary residence?
My thinking is if I own my primary residence free and clear, I take out a HELOC and use it to invest in le...