I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
In the past week I've looked at 10 MLS properties.
5 of those had illegal additions.
I'm not talking about an extra little balcony either. What was originally a single family house has had double the square footage ad...
Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
AND imagine the real estate is NOT cash flow positive. Consider the ‘negative cash flow’ as simply additional reinvestment…just like the S&P.
I am all about building cash flow over time through real estate. Howev...
Hey I currently own a portfolio including SFR and condos. I am thinking to do a cash out refinance on my existing rental properties ( both free a d clear and and properties with existing mortgage ) use the money as a ...
I have been using the wholesale strategy for about 5 months now but i cannot seem to find any deal i had two contracts but both fell through and now all I have to invest is about 50 bucks please tell me some free t...
I was debating this the other day with a friend of mine - why is it that investors seem to really be focusing on finding as many deals as humanly possible? It seems like everywhere I turn folks have the strategy of "a...
I'm a little confused about the term "subject to" when it comes to non performing 2nd mortgage workouts.
I've been learning about various workout scenarios possible with non performing 2nd mortgage's and I se...
Hey BP! This is my first post and I'm still very much a newbie in the REI world. I've listened to about 5 podcasts so far and I'm digging all the great info and interviews.That being said I live in the SF Bay Area, wh...