A fellow BP member and I connected for the first time serendipitously, but unplanned on Earth Day to talk about the opportunities of real estate and the ability to leverage it to create change, particular in the field...
I understand how you pay back an investor when you flip a house. But how do you pay an investor if you want to buy and hold?
Anyone have recommendations for a simple calculation/percentage on how much money to have on reserve per unit for basic maintenance and repairs? Thanks in advance!
Investment Info:
Condo buy & hold investment.
Purchase price: $88,000
Cash invested: $110,000
Purchased with cash and put about $22k in to it.
What made you interested in investing in th...
Hey everyone,I purchased my first Investment property 3 years ago. Home is a 2 family that I converted into a 3 family. Purchase price was 159k. Mortgage is $1600 including tax insurance PMI and principle. My net inc...
I'm a renter renegotiating a commercial lease for a 2nd term. Currently it says if I default and they re-let, I am on the hook for up to 5 yr lease term for any difference in collected rent, from ANY future tenant. i...
What kind of reserve would you guys suggest to have it on stand by when buying rental properties. Is there a particular amount or formula to be adapted?
Thank you
L.Souza
What are some of the hidden costs associated with buying and flipping houses?
I have been reading couple of books, forum threads and have listened to few podcasts, still long way to go. But based on the information I have gathered so far here is what I am thinking how to enter in this world and...
Hi BPs,
Thanks for all of the great information on this site! I wish I'd found this site sooner. I recently found you guys through some forum posts on Mrmoneymustache.com, and I found MMM through the Chronicl...