Hi, my name is Bill Fallesen and I live in Norfolk Nebraska, I am totally new to this having read Rich Dad Poor Dad and finding Bigger Pockets in the last 2 months. I found a 7 small apartment home that needs consider...
Planning on doing an owner-occupy with either a conventional or FHA loan for a condo in a 3-4 unit building. Great school district, close to the city downtown area, very close to train station leading into Chicago.Ask...
Hello BP! My wife and I are finishing a two-year stint teaching high school in Beijing. Having been able to save real money for the first time (something that teaching state-side never allowed), we are eager to invest...
I just want to be sure I'm using the 50% rule correctly.
I'm looking at a property, I estimate the property will produce $650 per month in rent.
So the 50% rule assumes that expenses such as maintenance and vacancy ...
Hi all,Looking at 10-unit in Lakewood, WA, basically surrounded by the military base. Split is seven 2/1s and three 1/1s. Current rents gross to about $6k/mo, which seems way under market. Could likely get $8800-$1...
Outside of the basic calculations for monthly cash flow how much consideration is being given to monthly HOA fees? In my area they typically average $200 to $300 and they do not seem to be proportional to the valu...
We sketched a graph that was kind of the groundwork for us evaluating trade-offs for selling vs renting. We understand that there are numerous qualitative considerations, but I'd be interested in what people have to ...
Is it not difficult to have a positive cash flow from a house hack? What the heck do I need equity for? So that thirty years later I can have a significant cash flow? That's useful, but what if I want to retire way so...
Hello,I have a question about a situation I am in and I am trying to weigh the pros & cons.I currently own a 4 unit property that has approximately 25 years remaining on the 30 year fixed loan @ 4.375%.Current pay...
Let me start by saying I’m from the metro NYC area which is about 5 hours away from Syracuse.
I have a probate deal in Syracuse, Ny currently under contract at a $25k purchase price, $10k for the owner and another $...