It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
Hi! I have only posted here a couple of times, mostly because I like to find the answers on my own. I am having trouble with MF value. I have read many, many forum posts, blog posts, and heard it talked about again...
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...
I keep getting outbid on home offers I’m making on single family homes. HOW MUCH OVER ASKING PRICE DO I NEED TO OFFER?I’m looking in the Tyler, Texas area, doing a conventional loan.I offered day of, full asking price...
A couple of month ago, a tenant I have had for 2 years told me her freezer would not always seal when she closed it. I went to the house and even though the fridge was only 3 years old, I told her i would swap out th...
Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
So, I just finished listening to Podcast 60 with @SergeS and it got me thinking. He was working a full time job, and took his business from 0 to 68 units in four years. In the podcast he referenced very often he wou...