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Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
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With home prices still very high and interest rates now high too, is anyone actually cashflowing on newly acquired property? Even the 1% rule doesn’t seem to work anymore Example: assuming 20% downPurchase price: 250k...
Hi, I was watching a kiyosaki vid, and I heard him talk about Jared Kushner not paying taxes in regards to 3 forms of income. I’m not totally sure what’s being said here and I’m not asking for the “safe” “sounds real...
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Does anyone have strong opinions either way about purchasing turn key properties for buy and hold investment? Have you had success with them and stand by the model, or on the flip side, have you had a negative experi...
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Are all last-minute applicants bad ones?
I've been looking for a February roommate.
I've started getting more inquiries again, but after a quick Google/court record search for them, I have charming candidates.
1) S...
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Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
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My brother and I are both interested in purchasing rental property, and we have what appear to be very different ideas about what a good rental property purchase is. I'm curious what more seasoned investors think of t...
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Hey everyone,I am looking at buying a rental unit in Michigan in a college town. If I do end up purchasing this property, what is the best way to market this rental property to college students? Also, how much do coll...
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We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...
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Hi BPers
I bought and completely remodeled a building with three side-by-side, 2 bed 1 bath apartments and one small, 2 bed 1 bath house on ~1.5 acres in Ojochal, Costa Rica. I added a pool and did some landscaping a...