Together my husband and I have almost $200k in student loans with a significant portion of them being at 6% interest. 53k of that is at 6.8% and 7.2%. We currently live and work in Oregon and are interested in getting...
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
I am about a week away from finishing a very larger rehab project and want to ask if its worth it to use a traditional listing agent or to go with a flat fee transactional broker? I understand that no matter what I w...
So here’s the story, I am currently a Firefighter/ Paramedic in Las Vegas Nv. I have been in EMS for 12 years, and am completely burnt out with the first responder career in general, ( mandatory 96 hour shifts, massiv...
When inquiring about a property on craigslist, I spoke with someone from New Western Acquisitions. He wants to meet tomorrow..........Can anyone give me your thoughts if you have experience with them? what do they do?...
I am considering acquiring properties to be rented under the section 8 program. My thought is, buying between 50-90k livable (or less than 10k rehab) and being able to rent for 2% or at least close to it trumps the ca...
As an out of state investor, I was offered a property that is under management of Flex Realty Property Management in Toledo, OH. It is not a great deal but it is tempting enough for a Californian :). The seller is the...
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...