I have read in several different forums about the 8% rule but I don't completely understand it. Can anyone give me a good explanation of this? Thanks in advance.
I have been looking for my first property to buy and hold. I viewed a property today that was in great shape. What I was able to see of it anyways. New roof. Very well done remodel of the upper unit (2bd 1bath) (vacan...
Quick Background: I started investing and learning about real estate two years ago. Since then I bought a 3/2 that is cash flowing nicely and purchased my own home with three roommates covering the mortgage for me....
I started my DFD campaign a few months back and I kept getting a letter that kept coming back to me Undeliverable. Just saw online the house is going to Probate Auction Kennedy Wilson. I want to purchase this house fo...
I have a seller with multiple properties he wants me to just take over payments on. I contacted an attorney and was told there is no such thing as 'subject-to' in that state and I would have to do a land contract. My...
About a month ago I started working with a local broker who is also a property manager for our investors. He has been doing this for 28 years so I learn so much. Here's what I learned just last week...We received a ...
I am not a wholesaler, but I am curious, especially after my thread about a wholesaler that misrepresented himself to me. Now, there is a lot of debate about the wholesaling topic over there, but something came to my...
I'm a new investor looking to develop my "farm area". However, my immediate area "suffers" from low cap rates and therefore the properties typically do not meet my search criteria (or are out of my price range). The...
We rented out our house for three years, using the services of a local property manager. It wasn't disclosed to us until near the end of the lease that the tenant was late 25 times, and no late fee was ever collec...
Listened to a BP pod cast the other day on buying notes. Iv been looking for my second rental property but after listening about notes I'm interested in learning more about them . Does anyone know of a good book or...