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Hello allI’m very new to real estate investing. I’m looking for a property that I can Brrrr in the Maryland area. I don’t know where to start looking. Montgomery county is pretty pricey, and I looked at other areas li...
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How do you provide a Proof of Funds Letter when you intend to wholesale a property with a listing Agent? Which realtor (i.e. buy, sell, etc.) will most likely request the document? Some forums suggest requesting a POF...
Note: Numbers are just for example purposes:
We bought our first investment property, a conservative condo, in 2018 with following numbers:
Total Monthly Expense: $1650
Total Monthly Rent: $1700
Monthly Cash flow:...
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I am a real estate wholesaler. If I am correct, investors/buyers are concerned with equity and/or cash flow. If a property does not have that much or any equity, can it still be a good investment if it cash flows?
H...
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Hello everyone, I have an investment SFH property in Houston that's bringing me $1600 a month. $5000 annual tax, $300 HOA annually, $1400 insurance, low maintenance fees. $75k equity. mortgage payment $571 but I have ...
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Hi Everyone! I'm trying to run numbers on a potential duplex property i've been considering in NJ. (One unit is a 2br/1bath that can bring in $1200, the other is a 4br, 2bath that can bring in $2000.)
[i]Purchase p...
I now its a loaded question with probably a thousand answers, but I'd like to hear your thoughts on how much it would cost and what types of investments you would recommend to get about $5,000 monthly cash flow. It wo...
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Hi everyone,I was hoping to get some feedback on the numbers I have been running on long term buy-and-hold SFHs around Oklahoma City. The example I am including here is in Moore, OK.As a little background, My intended...
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Hey everyone!I've posted before about HML, but this question is a bit different. We've always used conventional lending for all our deals in the past using 25% down payments so in the past analyzing a deal wasn't too ...
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I stopped by a house a buddy of mine was tearing down for a landlord . The owner shows up while I am there , driving a mid 1990's conversion van . I told him I had some rentals and asked him why he was tearing it down...