Nathan Remington
Am I understanding the 50% "rule" correctly?
Hi, I am looking to purchase my first multi-family property. From everything I read on posts and hear on the podcast the 50% rule says that you should save 50% of your rent to cover expenses and the other 50% should c...
Austin Davis
Correct way to evaluate a 4-plex?
I purchased my first properties off market not too long ago and pretty much made up my own way to evaluate them. Probably not the best decision as a newbie, but I think I did OK. I made a spreadsheet that subtracts ...
Priscilla Z.
Correcting a garage that was not permitted
Hi everyone! I haven't been here in a while, forgot how good it feels!! :) :) :)We are buying a house that has a converted garage, however it was converted without a permit because the square footage still reflects a...
Colten Adams
Wait for market correction for first investment?
I am 21 years old in Omaha, Nebraksa. I have a good credit score and some money saved up for an investment. I also have a few friends who are open to partnering on our first real estate deal. If possible, I would like...
Anthony Polcyn
How do I correctly advertise for funds
I have a free and clear rental property with a good timely paying tenant for the last 2 to 3 years. I am looking to borrow funds against this property while staying under a 70% loan to value. I want to offer a 10% re...
Shane X.
Need too be pointed the correct way
Hello everyone,
My name is Shane and I have had an intrest in real estate for quite sometime now. I'm 22 years old from new York. I can't seem to find the right book to help me get started so I found this website in ...
Kenny Hsu
Invest now, or wait for the correction?
If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
Scott White
Correcting square footage discrepancy between listing sites?
On my first rental property from a couple years back in San Antonio, I believed I was buying a 1250sf house, based on the Trulia listing. It was a rushed close, and I didn't receive the appraisal until afterward, when...
Shiv Dutta
Analyzing property excel, please correct my formulas
Hello everyone, I use my excel (which I am working on from sometime now), to analyze properties. I am still working on it. :)https://drive.google.com/file/... this is for a sample property report from my Excel.Can you...
Sean McDowell
Norfolk Duplex Purchase Final Numbers Look Correct?
Hello everyone! We completed our first duplex purchase the end of November (yay!) and now have both sides rented out (technically one side is owner occupied, but using our other side's current rental rate for our num...