Hi everybodyMy wife and I are looking to buy our first rental property, but we are not sure the best way to account for reoccurring costs. We know we need to plan for things like repairs and maintenance, but don't kno...
Hey everyone. Just started on my first flip, under contract to close on Wednesday. Purchased 110k, 30k repairs, 190arv. We are changing up the floor plan to open concept and really putting this house back to top of ...
I'm super nervous about my first deal and I want to know if this deal is any good. I will be house hacking a duplex selling at $163,000. After I analyzed the numbers I would be cash flowing $623/month after I move out...
I'm looking at a duplex for $170,000. Rent is $700/unit. My monthly cash flow would be ~$458 after utilities. Leveraged ROI is 16.2%. However, the CoC ROI ran in BP would only be 12.61%. Worth it?
I am currently deployed out of the country and have been working diligently to find my first investment property (I had already planed to utilize deployment money for this very moment). I found an area, and propertie...
BACKGROUND: I own 6 properties in 3 states (CA, AL, and TX), plus I moved to UT this year. This means 3 state files (nothing for TX) plus the federal. I can handle all that in my taxes as I have for years... BUT I did...
As a buy and hold investor I am looking forward to buying several additional properties in 2010. But one question I have to ask myself is whether or not the Shadow Inventory I hear about all the time is real or imagi...
Hey everyone, The 70% rule seems absurd. If the contract we have goes through on my current flip I should make $69,000 in profit on a property that came out to an 85% ARV-repairs. What am I missing? Teach me please...
I am located out of Minnesota and am interested in beginning my career or future as a landlord. main points
1. houses are for like 350,000 - 425,000 in Minnesota with rent from 1,800 - 3,300 so if I get a property f...
Financial freedom isn’t important until your life flashes before your eyes. When everything could end, thoughts of your partner, children, and family come to mind, and most notably, what you left behind for them. Pash...