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This question is for the folks who Buy cheap, Rehab fully, Rent, Refi, and Repeat (BRRRR strategy). I want to know how you make it work. Here's an example of what I'm talking about:Purchase price: $10,000Rehab (everyt...
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I was an investor in New Jersey, slowly building a small rental portfolio. I had flipped a house and a wholesale deal, and owned three rental properties. I had some ambitiously huge real estate goals, and buying one r...
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I am new CA wholesaling and I have been researching for 3 weeks (reading, podcast, taking notes, etc) due lack of a REIA in So Cal. (los angeles too far as well as orange county) I would like to partner and do a profi...
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The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
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I've owned (2) rental townhomes for 8 years - I've used a property manager and I've never once had any problems. However - - now, this won't just be a 'side' investment, I am out of my lifelong business career - - a...
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I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...