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I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
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I'm newbie investor and I've done all the reading and learning to get started. My concern at this point is this. I get allot of wholesalers emailing and texting me opportunities, any are out of state which I don't thi...
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I am a complete beginner at this. I'm sure many of you can remember how scared you were with your first deal. I am looking for mine and want to know how my math is. I have found a property and am ...
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I am new on bigger pockets forum, so be easy on me! I got hooked on the podcasts and decided to checkout the forums after hearing about all the good discussions taking place. I grew up around rental properties my whol...
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HI all,Just started reading the Millionaire Real estate Investor, and came across the concept of the 80/20 Rule: Where 80% of your results are determined by only 20% of your actions.I personally I can see this being a...
Hey guys,I am currently in the process of closing a mobile home park with 11 lots. I will be renting out lots to tenants, and I only own one trailer in the park. I pay the property taxes, and tenants take care of main...
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Hello everyone,I've been quietly absorbing the wealth of knowledge shared in this forum only commenting here and there and I'm now hoping to engage with this community directly. I've found a property that seems to be ...
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This could be a repetitive question but as a first time buy and hold investor, I had to ask this again. Should we buy townhouses over SFH, especially in North Carlone RTP area. I could see lot more options for Townhou...
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Hi All, I have an opportunity to purchase a piece of land that I think will be great for a mobile home park given a number of location constraints and opportunities. I have a strong background in multifamily and retai...
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I currently own a duplex, incoming rent after management fees comes to $2256, mortgage is $1252. I obviously am setting a good portion of the cash flow aside for futureExpenses but how much should I be setting aside f...