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I have been thinking a lot about getting into rental properties, they seem like a good investment to allow me to retire early but also still do the things I want to do. My question is how do you create a positive cas...
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I've been reading about the 50% rule (a quick way to estimate expenses being 50% of gross rental income) and have tried to apply it to properties for sale and it always comes out consistently too high. The numbers I'...
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Hi , I have two rentals I own right out. one is a house with land and the other is a mobile home on leased land in a very good location . I just created an llc for these properties per my accountants recommendation he...
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Hi fellow BPers. I stumbled across a book that was mentioned in one of the forums here called "The Wealthy Code" and read it cover to cover really liking the ideas, content and the way it was written. The author wrote...
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I am doing a remodel on a house with knob and tube wiring. Would you spend $5k-8k to replace it all or just leave it?
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Has anybody used the Rehab Valuator Software? Would this be a good purchase for a newbie?
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I recently signed up as a PRO - ll/2/16 - And have been identifying properties that I want to BRRRR - BUY, REHAB, RENT, REFI AND REPEAT - Per Brandon Turner's formula. So far my sources have been via the MLS - but I ...
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Calling attention for Landlord and Realtors, how would you approached the listing the rental properties? I have just finished rennovating my duplex in central New Jersey. And have listed for a week now, only have two ...
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I bought a rental property in Cook County IL mid 2017 and 2016 property taxes was around $2000. It was a foreclosure and there wasnt any homeowners exemption. The property only needed a light rehab (paint, new floorin...
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I'll be closing on my 6-plex in the next couple of weeks, so I'm starting to plan out my remodel for the 2 vacant/semi-gutted units. I need to do flooring, cabinets, bathroom, wall repair and paint. My goal for this p...