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In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
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GoalTo achieve passive income of $120k annual within the next 7-10 years and commit to full-time rental property investing. The WhyHave always been drawn to real estate rentals. Before purchasing my first property I...
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I've reached out to a few realtors and was given a list of turnkey properties. A few caught my eye with the description of for sale $30,000, rents for $800 long term tenants, good payment history, fully rehabbed in 20...
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Hey BP,I'm considering buying a property to first owner-occupy, and later rent out in the Bay Area. I'm looking to accomplish a few things:1) Take full advantage of Prop 13, by buying a fixer at a low price and lockin...
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Since I have gotten into RE and doing pretty good with it I find myself looking at all my toys ( boats, extra vehicles, 4 wheelers, gun collection, etc ) thinking to myself I should sell all of it and invest into more...
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Hi! My spouse and I are trying to figure out our next steps and would appreciate any advice. We are new to real estate investing and trying to figure out if it would be better to buy a home in our area or focus on bui...
how different is it from residential?
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Good afternoon all my fellow STR'ers!I have a home in Florida that I STR in Four Corners, FL when I'm not there. It is a good sized home (3000 sf) in a great location on a lake. I've done reasonably well renting it ou...
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Hello. This is probably not as much of a success story as I often see here but... To me, this is big. We bough the property at the end of 2015. All cash. $54k with closing costs. Owner occupied. We renovated it big ti...
My name is Andrew VanCura. I am a recent college graduate from Illinois. I am 22 years old and ready to create the vision that I have dreamed about for years; a shipping container apartment building. I have done years...