Trying to figure a way in which one could essentially have less than a 50% operating expense. With the 50% rule is it true to say that every year you have your property you will incur 50% in expenses? Im thinking that...
Looking to purchase a vacation rental in the Galveston area that are family can use but still make a return on, or at least pay some expenses. Any ideas on the best type of house? Beach front, canal, strand, Seawall, ...
Hi Everyone,I just want to introduce myself real quick. I'm currently working as a property manager in Jackson, MI but looking to start investing in a multi-family (to start) in Lansing, MI. which I plan to occupy. I'...
So I was exploring a deal in Dallas. Sale price from wholesaler is $406,000 (he has it under contract at $395k)Rehab breakdown (based on bids): - $6,100 on foundation- $89,500 on cosmeticsAnd here's where the confus...
Hi Rhode Island, and Providence BP'rs. I found a fairly interesting way to structure my first deal and I am wondering what you think of it.I have under contract 60Linden street Pawtucket RI MLS1123800.It was a forclo...
I'm trying to decide on a 30 year loan vs a 15 year loan. Purchase price for the home is $150,000. Rent is going to be $1450 a month. The big difference is the rate. Does anyone have any thoughts on this?
30 year
25...
Hey BP,I have a deal under contract in Florida and I am considering the due diligence that I have found so far. The park is on well and septic systems. 1 well and 7 septic systems which have new components as of 2014....
Hi All,
I'm looking for neighborhoods in Indianapolis that is changing or moving up but that still has great cash flow.
Any thoughts?
Thanks,
Ron
I have two single family rental properties paid off and I want to go bigger and get into multi-family and am wondering if doing a cash out re-fi is the best way to go for the down payment?
Hello,
I have delayed gratification for a number of years in preparation to buy my first home in the Central Orlando, FL area. My short term goal would be to find a house hack property that would set me up with a lo...