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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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I recently read an article that Memphis TN was an very good place for real estate investing. I have know for at least a year that a lot of foreign investors have been looking for property in the area. I also understa...
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I thought I would throw out a topic for discussion....Tell me about the process that you go through to screen tenants.
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Hey everyone,I'm considering bidding on a foreclosure at an auction property- but it's a second mortgage, which means I would still need to pay off the 1st mortgage if I win. But... I can't seem to find out the bala...
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There is about 20 or so tax lien states and another 5 or so that offer both.
I’m fascinated at the different ways the bidding takes place. This is often something that is overlooked or missed when people talk about t...
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We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...
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I have been on the forums for awhile now and after some thought I have been thinking about this strategy. I would love feedback.In my state (RI) homes are about 180k on avg. Of course prices vary based on area. But e...
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I just finished listening to podcast 257 and wonder which out of state places are probably the best to invest into for rental properties (not rehab) for 2018?
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I recently decided to sell off portions of my portfolio but I've been in the class d arena my entire time in the business. There was a young investor killed in Baltimore not long ago and it still bothers me. Yea, peop...
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Hi BP community
I’m looking to purchase a 2 family in Bedford Stuyvesant as my primary residence. My husband and I will be using this property as househacking that we will be staying in the rental unit while renting...