Currently stuck in analysis paralysis on trying to find the right location for a first property, with a willingness to move anywhere in the US. GoalMy objective would be to go with a MFH, 2-4 units, higher would be be...
What am I doing wrong? I've lost 6 REO properties in the last 8 months. I've worked with two separate Realtors, gotten advice from more experienced investors, etc. It just doesn't seem to work out. When placing an ...
I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...
Do you have a college degree? If so, in what field?
Has that helped you in your real estate investing? Or do you think you could have done with out it?
I am a firm believer that our path in life has lead us where we...
I realize that if I find an agent to help me find properties to invest in, the seller pays the commission on any sale. But is it hard to find an agent who will send me MLS listings every day knowing that as an invest...
Hi Everyone,I recently found an off market deal and will be touring the property on Thursday. They are asking 150k for a 2 unit that needs some rehab. I have a realtor but i assume since the deal is off market they wo...
My current primary was purchased in 2018 with a conventional loan. My intent is to convert my primary into a long term rental. I’m curious as to the strategies that are recommended to ensure I’ve covered all my bases ...
Hi All,I was wondering are you still using the 1% rule when doing quick and dirty new deal analysis? Is anyone out there still able to achieve the 1% rule and in which markets?Recently I noticed I get to 0.7 or 0.8% a...
When using the 50% rule to evaluate rental properties what expenses are included in the 50%? Are taxes and insurance included in the 50%?
Thanks for your help.
Hi All - I've recently been bitten by the real estate bug; I've just finished Brandon Turner's Book on Rental Property Investing and am all-in on BiggerPockets. I'm still in the information gathering stage at this poi...