While cashflow is key to keep the property safely under control, I seem to find that the larger returns for our portfolio to date come from strategic growth of equity. My wife and I are still fairly small in our inves...
I was checking out some other posts on gut rehabs, people talking about 25-50sq/ft. What if we are talking a completely cosmetic gut? Floors, cabinets, fixtures, sinks, toilets, tubs? (No electrical, plumbing)
Do you...
Good Evening,
A little background on me, I am a Real Estate agent in New Jersey and my wife and I are currently house hacking a duplex and we have been here for a little over a year. With a baby on the way we decided...
I wanted to share with you my first flip! I'm from Long Island and purchased a house out of state in Pittsburgh, PA. Did it long distance because the buy in here on Long Island is far too high for me right now. I was ...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $230,000
Cash invested: $55,000
Direct mail campaign lead to off market sale of small tri-plex. Worked to re...
We bought this rental in the fall and had it rented. Pipes froze in December and it flooded. We are about to put in $15-$20k of our own money into it, beyond what insurance covered and I need help deciding how we shou...
Hey everyone!BP has just released my latest book: RECESSION PROOF REAL ESTATE INVESTING.It is all about how the economy works (starting with the very basics and working up from there), economic cycles and how we as r...
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
Situation:There is a home in my neighborhood that has been unoccupied for approx 7-8 years but has been maintained (landscaping, taxes paid, etc) minimally and so is not noticeably so. The next door neighbors are frie...