How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. W...
Would you buy a property with negative cash flow?My husband and I want to invest in a townhouse that we plan on selling once the mortgage is paid in full. We could have the mortgage for 30 years, but we are choosing o...
What's up with Memphis? Hey BP a friend pointed me in the direction of Memphis and said that it is where I should be looking at my next round of investment properties. What should I expect in Memphis? What cap rates I...
Hi everyone!My name is Rudi and I've recently moved to the US from Australia. I've got about $150,000 to invest in some buy and hold properties and looking for some advice. At present I'm considering:- Pueblo, Colorad...
We had a pleasant emergency HOA special assessment meeting this week. Due to updated CA codes & regulations, coupled with the lack of foresight & planning by the HOA Management & Board, our complex has to ...
A person owns a home in Washington, DC and has a mortgage on it. They relocate to Massachusetts. One month later, they refinance the DC home and get a new mortgage, claiming the DC property is still their primary re...
I recently came across a small duplex that is FSBO in a ghetto. I've heard about the strong cash flow properties in low income areas can produce but I'm also aware of the downfalls of investing in not so favorable are...
All,I have a success story to share. But it is not a success for the reasons you may think. I really learned a lot from this and from these mistakes I have made I changed the way I do my thing and this is causing a no...
Good morning; I've been posing questions in multiple forums, reaching out to YouTubers, calling local agents, and continue having difficulty having someone in the business that's "done it" to take the time to talk to ...