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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...
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Has anyone looked into installing solar power into investment properties? Is it possible to sell excess power to utility company and generate additional income?
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Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...
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Hello BP,It's been a very long while since I posted here on the forums, but I never stopped working towards my second buy and hold. I've been studying up and absorbing everything I can from this site and from listeni...
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Yay for having Military Investing Forum!
Off the top of my head, these are some of the most common questions/answers/issues that come up when trying to use a VA loan to purchase a 2-4 unit property. Basically my only...
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Hi Everyone,In a casual conversation the other day a friend said: 'You can't look for a quick return. Any money made will be over the long term.'That has been bugging me ever since he said it.Here's my question...Wher...
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Have you participated as a lender with Lending Club? I'm eager to hear about how you chose the loan to invest in, how the returns were, quality of customer service, and any other aspect you'd like to share.Thanks!
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This thread is about a recent REO deal I have done from start to finish (well, finish line is in sight) to help educate and inspire others to do the same.
Property details: 4+3, 2300 sq. ft, pool, spa, view, quiet st...
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I'm looking for a little advice on my first direct mail campaign. I've sent 16,000 letters and gotten no deals.I sent letters to people with equity who are absentee owners who have owned the house more than 4 years or...
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*** Disclaimer: I am not an accountant, lawyer, or financial advisor! You should consult with a qualified professional before acting on any of the opinions shared in this post!!! ***Self directed IRAs have become ver...