I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:

Total monthly income from the property / 2% = purchase price. ??
...

Hi, STR investors 
I have a question on cleaning bedding sets and would appreciate your inputs:
Currently, I have bedding sheets set like this: mattress protector, fitted bedding sheet, flat bedding sheet and a comf...

Hello,
I have been jumping around in the Colorado Springs real estate market, looking at both single-family and multi-family homes to begin my real estate career. However, since I am not married, the military does no...

I'm preparing to send my first wave of direct mail in the next couple days (planning to buy the list on Saturday [600/700 or so] and yellow letters on Sunday) and I've sort of been ignoring the idea of doing direct ma...

Over the past few weeks a good friend of mine and I have discussed the potential of starting to invest in multifamily properties together. Both he and I have dabbled in rentals alone in the past, transitioning former ...

Hello everyone!My name is Michael and I'm a 24 year old graduate from The Ohio State University with a passion for entrepreneurship. I currently work as a project lead for a quickly growing startup in the Cleveland, O...

I am trying to decide if it's a good investment to purchase an AU or two before I apply for funding. (I'm going either the HML or Portfolio route). If they look at income, liquid assets, and debt to income, would avai...

For the past few years I’ve been periodically posting about complex, somewhat hard to implement, and time consuming strategies and tactics that I’ve used and can be used to “accelerate” wealth building in real estate....

I am starting a new rehab and was considering applying for a Home Depot commerical credit card. The reason was two fold. The first being I can build credit for my LLC. The second being I could use any financing dea...

This came up on Facebook today ..."Just got a 3 month deferment on my mortgage, all I had to do was call the bank. Call your banks people, so you won't have to put your renters between a rock and a hard place."I'm not...