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I've struggled, along with others, with the 2% rule. It has some drawbacks which I think can be improved upon with BP community help.
Simply stated, the income from a house should be greater than or equal to...
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With the current interest rates on investment properties, and the house price, are you still buying as an investor? If So what is your take or thoughts behind it? I’m in Dallas area and I would be lucky to get a prope...
Hi, I am currently a college student working in Chicago next year. I want to start my RE journey from where I work, so I have been studying how to enter the market. I have been mainly looking into Zillow for a duplex(...
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Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...
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Hey guys - just getting into rental business. When you are buying a condo for rental purposes what are you looking for? I know 2% is a good rule (as in if it costs $200k it must generate $4k). In the market where I am...
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Hey everyone I have a question for you. My wife and I just bought our first rental property and we are considering another. We have a good amount of equity in our primary residence and are thinking about doing a cas...
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Years ago I learned that when everyone is headed in a direction that you need to pay close attention to what is going on to avoid pitfalls. When my chiropractor started telling me that he was going to buy two rentals ...
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Hi! Has anyone out there ever used a loan against a stock portfolio or a margin loan to finance real estate? (I want to finance a rehab)... I'd love to hear from someone who has done this! Everything I look up make...
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Has anyone ever read these books (volume I and II)? In it, the guy talks about his strategy for buying and renting out over 300 single family homes.
For the first property, he started off with around $28,000 or so f...