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So here’s the breakdown. Let’s say I just bought 3 rental SFH properties this year cash flowing $500 each unit. That’s $1500 total per month in cash flow after paying all expenses, property Mgt, and mortgages etc.The ...
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Investment Info:
Single-family residence note investment investment in Gloucester.
Purchase price: $560,000
Cash invested: $160,000
So we did not purchase the house but took over paying the bank note...
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I have been coming to BP for a couple years now. I figured my first post should be the highlights of our last four years as RE investorsMy wife and I purchased our first home (an over under duplex) a couple months bef...
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Hi BP
I am running through some scenarios for a first rental property which will be out of state using a PM.
The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...
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Greetings! I currently have one duplex and am saving for the next rental. Long term I am focused on getting passive cashflow. I like multifamily rentals, and am debating between saving the 25% down abo 15-20k for ...
Hey guys, first ever post on here. Let me start with my age: 25. Have a steady job and live with parents saving every dime. Haven’t had time to invest as grad school has taken most of my time (graduation in June). My ...
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Hello,My name is Vidal and I am a relatively new member. The question I bring before you all is about savings prioritization. The two options I'm considering at this point are 1) start saving for a down payment for an...
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Hello BP,
I have a few questions:
First
I recently acquired my first tenant in a house a hack. Today I opened up a new checking account with my bank, and I either need to have direct deposit setup with a minimum ...
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Just wanted to share something that turned out to be very effective. Last month we moved to an all cash system for all household expenses. Although, we have saved a lot of money by being frugal and loosely budgeting o...
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I recently moved to Spokane Wa after leaving my house hacking duplex in Tri-cities. I am considering selling the duplex next month, after taxes and commissions- I will be at $40k profit. I am weighing the pros and con...