Andy Sturm
Is the 1-2% rule still true for a million dollar multi-family?
Does anyone have experience in expensive multi's. I was wondering if the 1-2% rule of thumb can still apply. I'm not concerned on number of units as I am the initial cost. If the purchase price was $1,000,000 (no reno...
Dennis B.
Can't sell first flip may try BRRR method what to do...
I'm in to my first year of flipping and just finished my first rehab in a property in PA can't get any bids close to what I'm asking - two price reductions later and just hear crickets. Thinking of just renting it ou...
Jesse Wixson
Be an Inverse Paranoid
Be paranoid that everyone is meeting, and every interaction you have with people, they are plotting and scheming to figure out how to help you!Taking this mentality and the in depth education that I have, I received a...
Tyler D.
Best type of investment property to build in a high-class area?
I recently found some land for a great price in the best neighborhood in my city. After doing a bit of research it appears that I can build a home there for significantly less than it costs to buy an existing one. Int...
David Gillentine
BRRRR with a twist, a little guidance please
So this is a fairly simple situation, but need some clarification on the financing. We are closing on a house that I'd like to keep as a rental. Its contracted in our LLC name. We are paying cash. Our local bank is le...
Omari Brown
How do you properly and efficiently analyze a market?
There are a lot of variables when it comes to the state of a market you will potentially be investing in. Values, businesses moving in or out, schools, up and coming developments, nearby colleges, crime rates, ect. Do...
Nathan Stanke
Potential Mobile Park with upside
I am looking to purchase my first park and turn this into my new source of income. I can across this park in Dayton, Ohio and have been in contact with the broker. Potential of fill 40 lots. The park currently has 12 ...
Jeremy Babin
LEASES IN COLORADO SPRINGS
How do you get a lease drawn up for Colorado Springs (specifically a SFH renting by the room)? What's your process for this? How do you go about changing them if necessary? Are there programs / apps that assist wit...
Kathryn Schauer
Adequate Insurance Coverage?
The insurance I currently have on my rental has the 'NAMED INSURED' listed as the Property Manager and then my name is listed as an 'ADDITIONAL INSURED'.When I questioned this, the explanation was so the property mana...
Scott Schultz
Cash or Finance Investment Properties?
Just recently joined and am really enjoying the site! My question has been eating at me for a couple of months now. I own 10 rentals. They are all paid for and so is my personal residence. I would like to purchase 40 ...