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I was an investor in New Jersey, slowly building a small rental portfolio. I had flipped a house and a wholesale deal, and owned three rental properties. I had some ambitiously huge real estate goals, and buying one r...
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Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...
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Hey Fellow BP members,I'm so excited! I just purchased my 3rd SFH in Montreal, Canada 3 weeks ago. I purchased the property for 165K, however it's worth more like 200K in it's current condition. It came with tenants &...
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When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
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In addition to the REIAs and REIC meets we should all be going to, I was thinking of setting up a meet up for just us SoFlo Newbies. It's a good chance to meet more fellow BPers over some brews. We can share our newby...
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I live in California and I have been looking for a place to invest that has cheaper homes than the $500,000 homes where I live. I have searched all over using Zillow and one of the states I am considering investing in...
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What do you guys think is the better way to go? To buy and rent to build a great source of passive income or Buy and flip to make great returns but with more work and risk?
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I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
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Hi,
Does anyone have any strategies in place for mobile home investing after June 1st when the HUD Safe Act starts which will eliminate almost all seller financing? I was really hoping to try mobile home investing th...
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I’m a real estate investor based out of Los Angeles. I have been doing it for ten lovely years. However, what I am about to say truly pierces my perpetual LA pride. You couldn’t pay me enough money to invest in Los An...