Angelo Van
Applying and judging the 1% rule
So i've heard many people talk about the 1% rule. The rule states that the monthly rent should be around 1% of the purchase price. Now I want to say I do understand this is a rule of thumb and I do understand it's no...
Mario Cruz
"cash out refinance"...I need help understanding this
I was watching a video where the investor bought a home with equity built in held the property for a year then did a cash refinance and made money for his next investment. Does this sound right? ultimately I'm trying ...
Lyle M Smith
Question about all cash short sale
Hey BP - Newbie trying to execute my first deal here. I found a SFR outside of Philadelphia that is being sold as a short sale. The property is in rough shape but is listed at ~40% of its ARV. I lined up a hard money ...
Tony Sepassi
Tenant turns out to be from hell
Hi Guys,
I have this tenant for the past 2 years, he always paid on time and he even put in laminated wood in my condo which he paid for. He has taken good care of the property, but about two months ago I g...
Craig Montesano
Cleveland Heights area --- thoughts?
Im looking at Cleveland Heights area for multifamily investing. Looks like a good area. Close to a few colleges, medical facilities, etc. Thoughts on the area? Most of the buildings are older, brick building but rent...
Terrence Rivers
investing in jacksonville florida
i have 100k and i have my eyes on these 2 triplex on the west side of Jacksonville Florida one for 39k and another for 49k both needs about 5k in repairs. i thinking of buying them out right. My main focus is cash fl...
John Curseaden
70% Rule
When, if ever, do you depart from the 70% rule in making your max offer on a property?
Account Closed
So how would you Describe Success?
I hear the word success bantered about from time to time and was thinking, success carries a different meaning for everyone.
As a real estate investor, I feel that I have reached some measure of success when my rea...
William Manzie
Determining wholesale price?
Good evening all,Reading reading reading! On podcast #43 in two weeks. Thank you!So listening to the podcasts I think I will be pursuing the wholesale niche to start and work my way to flipping. I by no means am ready...
Timothy Hogan
STR analysis - Mammoth Lakes
Hi all-
Crunching numbers on a STR Mammoth Lakes, CA. Posting a similar thread to the Gatlinburg thread by @Amit Sharma.
Backstory:
This would be my second door, but first in the Mammoth market. I currently run a...