Kirk B
The 50% rule is wrong!
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Pavel Sakurets
I'm surprised that from all the people on BP nobody knows the answer
I posted a question before if anyone knew how to find vacant properties besides contacting cities and driving neighborhoods. Shocked that nobody responded with an answer.We find that only larger cities have these reco...
Dan Hertler
Is SFR Cashflow a Myth?
As I build up my SFR portfolio I am starting to ask myself: “Is the idea of SFR cashflow simply a spreadsheet myth?”The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all...
Christian Benitez
Where did you get your money to start investment
Currently I do not have the best credit (fair) and not so much extra cash. For those of you that have already made at least their first investment. Where did you get the money? Own cash, 401k, hard money lenders, bank...
Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Account Closed
Eviction News Update - finally some Good News
Oops, my mistake. I thought they were going to give Landlords a break . . . Instead of easing the Eviction Moratorium to help Landlords, Instead of Providing Landlords with financial assistance, WA State and soon othe...
Shabyna Stillman
Crowdfunding Question
Hi, does anyone know anything about a crowdfunding group called Groundfloor? A friend of mine asked me about them and she wants to invest with them. I don't know anything about them. Any insight would be greatly appre...