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I see how this rule can be useful, but I think it can't be a deal breaker. One can make the argument that It is too conservative. It may only apply to home run investments. However, it may turn people off to nice i...
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I am no longer in the #debtfreecommunity group so I am going to post this PLAN B win here because I know a few journalists interested in a similar path.Short back story: After viscerally acknowledging the challenges o...
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My wife and I are looking to invest in our very first rental property this year. We have been studying up as much as possible and I believe that we have a plan. Our primary residence is in the DC metro area so we are ...
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Hello everyone.
I'm a student in the Savannah, Ga area and I'm trying to make my start in home investing. I'm 21 with no credit and trying to find a way to purchase my first property without going ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Elmira.
Purchase price: $98,700
Cash invested: $7,000
First deal. Appraised at 107k bought for 98k using FHA loan. Looking...
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Hi BP of Boston,
When you consider rent increase, what factors do you base your decision on ? Do you increase the rent by strictly calculating the increases in your insurance, taxes and etc ? or do you try to not go ...
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Hi Everyone! I’m looking to invest in my first rental property this year. I wanted to know what places are the best to invest, to buy a 2 unit property not exceeding $400,000. Any specific states, counties and cities ...
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What's your financial freedom #? How do you plan to get there? And how far are you now?To clarify, this is based purely on passive cash flow. Meaning, how much money comes to your mailbox each month without having to ...
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I currently have two house-hacks that I've moved out of and are now full time rentals that cash flow roughly $800-1K per month each. When I started straight out of college, I used to think that I NEEDED 10 houses in 1...