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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
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Hi everyone! I'm looking into building a manufactured home and putting it on a foundation to sell as a home. I just wanted to know if anyone has any insights about the process, I saw that it has been done online. Than...
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Hi everyone!I'm looking into building a manufactured home and putting it on a foundation to sell as a home. I just wanted to know if anyone has any insights about the process, I saw that it has been done online.Thanks...
I acquired a piece of land thru a tax deed in Illinois. There is an abandoned mobile home which sits on the land, it was the same prior owner and lienholder that was extinguished through the tax deed proceeding. Is t...
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Attention!!!!
Landlords / rental property owners in affected areas of the Covid19 pandemic
The SBA Economic Injury Disaster Loans (EIDL) are available for rental property owners if your state has already made th...
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I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Don't blame everything on interest rates - It's because wages haven't kept pace
My wife and I bought our first house in Seattle in 1986 for $78,000. It was in a safe, desired neighborhood, post card view of downtown,...
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The other day I was having a discussion with some associates about the upcoming Presidential Election, and one of them brought up the Democratic Candidate Andrew Young and his Universal Basic Income Plan called "The F...
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Hello BiggerPockets!I stumbled upon the Morris Invest Case Study by @Ian E. and am now inspired to document my current investment with the company. This is kind of a long post, but I hope you stay with me. Clayton Mor...
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