We hear a lot about “The 2% Rule” (or, as The Book on Rental Property Investing calls it, “The 2% Test”).  For our benefit, I would like to create a local forum discussion (THIS forum discussion) that documents our in...

Wow. I am super excited.  We just had our offer accepted on our very first rental property.  Yeah!  Also, we just found out the plumbing needs replacing. Yikes!  Any idea on a price for replacing the plumbing (bursted...

Good Day Everyone,We're exploring investment possibilities in Dundalk, focusing on buy-and-holds to rent out. Just this morning I came across this article:https://www.dundalkeagle.com/when-it-rains-it-floods-why-now/a...

Hey All,Ive got this deal i'm looking to structure with a partner. Its our first investment, and were going 50/50. Were going into a "C" class neighborhood and the numbers are as follows:Purchase Price: 39KRent: 850 /...

Hello! Currently I am at a lost of $20k in my after tax brokerage account with remaining of $40k in the account all invested in tech stocks like Tesla, CLNE, SPCE etc. I purchased majority of them last year Feb-March ...

Hello friendsSo I am all set to close on my first rental. This one is a 1935 built 2 story 3/2.5 recently updated (roof, paint, windows, electrical etc). The area is Wickliffe. A safe suburb with good (6, 7) schools. ...

I ran into an off market deal that I would like to get under contract. I do not have a real estate agent involved. How do I proceed? What kind of paperwork should I prepare? Sorry, I am a very new in real estate inves...

Hi everyone! What credit score do you typically require for applicants? TIA! 

Hi Everyone,Spoke with a seller that recently retired and is looking to move to Florida. Here are the numbers:Subject Property:3 BR / 2.5 BA Townhouse, built in the late 80sMortgage Balance: $165kMonthly Payment: $1,...

Why do some investors discard a property because they have "seen it before" even though it has a good location and good numbers?