Curious to know how others are qualifying prospective tenants with vouchers (section 8 etc) with respect to their income to rent multiple.On a non-voucher prospect we require documented income to be either 2.5 or 3 ti...
THE FIVE LAWS OF GOLD from The Richest Man in Babylon by George ClasenGold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to hi...
I know it can vary depending on which market you are in, but is 70% off the ARV still a good rule to have for estimating closing costs and commissions, or has it changed some? If you have something different, what do ...
Hello everyone, my name is Ryan lynch and I have recently got interested in real estate investing. I am only 23 years old so my credit isn't the greatest. I have always rented a place to live, but now looking to buy a...
Hey BP, I'm analyzing potential deals and seeing some annual taxes that seem higher than other properties at the same listing price. What does this mean?
Hi guys, wondering how to combine RE and stock/bond holdings for a normalized FI progress number. For example. If someone held 1M in stocks and 400K in equities, but the equities were only 1/2 paid off, and would ca...
Hi guys, wondering how to combine RE and stock/bond holdings for a normalized FI progress number. For example. If someone held 1M in stocks and 400K in equities, but the equities were only 1/2 paid off, and would ca...
Hello everyone! I'm wondering if anyone can help me understand how great of a range I should choose when comparing houses in a neighborhood. For example: I'm currently trying to evaluate the ARV for a home that is 680...
i wanted opinions on how others get to their maximum allowable offer (MAO). I get three comps from redfin that are the closest in radius to average out an ARV. I then multiply by .7 and then subtract the repair estima...
Its going to be my first investment just to get my feet wet. From the looks of it, its a great investment and i had run the numbers on my calculator, the cap was about 12.8%. The neighbor hood is great, about 2 bloc...