Background:-My wife and I have two single family rentals in Fort Worth TX where we live. -After PITI and 10% for maintenance/capex the rentals combined cash flow $575/mo or $6900/year which is approx 2.6% return on eq...
I am a beginner who just "rehabbed" a house. I followed the model you see on HGTv where an investor comes in and updates things. I put in a new kitchen, new bathrooms, updated paint and floor coverings. We finished...
Thank you all for taking the time to read this post. I am new to real estate and am starting to search for deals. I am in the NYC area and am curious what you might suggest...Option 1 - purchase a 2-3 family rental pr...
Good evening. I am thinking of buying an income property before end of year, in part to take advantage of the generous Jobs Act depreciation allowance which I understand will expire 12/31/22. Does this have relevanc...
Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...
So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...
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 read a post on linkedIn from @Travis Watt, a fellow BP member, that posed the question, "Would you rather have 10k a month in passive income or $1,000,000? I thought it was a great question and I think it merits a ...
I find myself in an interesting position. I'm a total newbie with access to a million dollars. I know it sounds ...well, actually I have no idea how it sounds. A million dollars might sound like an outlandish sum of m...
I'll try to make this as short as possible, but I've got a question I can use some help with. I've got an extra $900/mo or so right now that I'm saving to buy my first rental. My plan was to "snowball" the profit fro...