What’s your financial independence number (FI/FIRE number)? Are you being too conservative, or are you cutting things close? Do you even have one? Today, we’re taking a deep dive into this hotly debated topic to help ...
John D.
Manufactured homes: Apply a discount to stick built when running numbers?
Right now I am typically looking for the 1.5% rule. My average property is a SFR that might cost $150k and rent for $2250 or so. I am finding properties that meet this rule, but they are pretty much all manufac...
Mitchell J.
Dissolving HOA after purchasing up entire building?
Hi all -I own a condo in a 2 unit building here in Chicago. I have a potential opportunity to buy out my neighbor's unit, which would then give me full ownership of the building. My plan is to purchase the unit with...
Rommel Pascual
Rebuild an old house to New Home Spec
I've been entertaining the idea that it might be more cost effective to build a new home out of my already existing home than trying to buy a new home. I'm curious if anyone has had this experience and what would the ...
Marco Manomat
First STR New Build Advice :)
Hey ya’ll, my brothers and I are looking to get into our first REI venture; specifically leaning toward building a new STR in the Poconos. This is mostly because:(1) we already have a lot to build on - we want to take...
Rohan Gangar
I heard about the 1-2% rule, but where are the deals that fit?
The 1-2% rule is when you purchase a home for $200k and receive $2,000 rent on it. That is extremely hard to find, yet this video says anything that doesn't follow the 1% rule isn't even worth it, as it most likely wo...
Chris H.
Looking for help in analyzing a very big deal.
I've been stuck in a bit of analysis paralysis the last 24 hours, and it's driving me nuts. I've never purchased a deal this big.Here's the basic deal:I have the option to purchase 6 almost identical duplexes as a pa...
RICARDO RUIZ
HOW DO YOU GUYS DO IT ? IS IT A TRADE SECRET OR WHAT ?
I have been looking around for a duplex or single family resident that has + cash flow in Orange County or L.A County but I cant seem to find anything..When I'm lucky I can find one that the rent comes close to mortga...
Evan Cruz
After Repair Value Question
When estimating the maximum purchase price of a rental property using the 70% rule, do I subtract only estimated repairs from ARV*.7 when calculating the maximum purchase price or do I also subtract pre-rent holding c...
Rudy Manna
Build two houses
I own a rental property in Seattle. The house is in Ballard location which is desirable one. The house in a 5000 sqft lot.Quite a few builders in my block bought houses and then build two houses after tearning down th...