I currently own 4 SFH's which are all cash flowing nicely and all bought with cash saved up and 20% down. No rehab just ready to rent. I was happy with my slow and steady approach until I heard about the BRRRR method ...
Hi All,So...I am new to all of this. I accidentally stumbled on real estate wholesaling while searching indeed for a job last week. It peaked my interest.I have my first property under contract.Can someone tell me (if...
Call me crazy, but after gobs of research I believe I can consistantly buy/sell distressed (HUD, VA, bank owned) properties in my area and average $10-12k net profit with a average 90 day turn. These would be houses...
I know of a property with a listing price of $87k and an estimated rent of $975. The seller claims such a rental could earn a positive cash flow of $250-350 a month and a cash ROI of 20%. Is that realistic?
It is a...
Hi Everyone, I'm a new investor and have begun researching properties in a couple remote markets that I'm running through calculators. In my research I've seen that I should target at a minimum a 10% CoC return after...
I posted this under the rehab section - though I might get more play here...
Short version of my question :
After much research I believe it would be relatively easy to consistantly turn houses for a quick $10-12k n...
I put the following tirade together to show my friend how real estate beats the market (equities, stocks). The scenario below is the actual property I purchased last year. Please let me know if I'm off on my assumpt...
Hey guys,My question is "how realistic is it to get to 30 properties in under 5 years?" I did the math and if I can get an average of $200 in cash flow per property, this will allow me to live more than comfortably. I...
Hi all. I'm new to this forum and want to hear your expertise. We are trying to buy our first investment deal and we're looking at a SFH in South Florida. This was a flip that sold in April 2013 for $183K, the investo...
Hey BP,I was wondering if anyone could tell me if this idea is realistic, or just hopes and dreams. To finance my first property, would it be possible to get a loan for the down payment, and finance the rest through e...