I understand the basic concept of investing in note vs. rental properties - no headache with Tenent/Toilet etc while rental properties come with potential appreciation (house value, rent) and tax reduction. 1. For Not...
As one who had never heard of the 2% rule or 1% or any of the other terminology that floats around BP,, I just became aware of the 2% rule. I was talking with a fellow from Oregon who was lamenting that there are no 2...
So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
Housing prices won’t budge, but there could be some relief on the horizon for homebuyers. As America’s affordability crisis continues to strain consumers, one of the most considerable costs, housing, is much to blame....
Is there a general rule of how much total cash should be left in a deal, vs the monthly/annual cashflow?For example, if I were to BRRRR a property and end up leaving a total of 24k cash in the deal, knowing that it sh...
Hey BP'ers! Has anybody ever heard this or come across this? Can a property ever be purchased and the homeowner's policy goes with it. More along the lines of a claim made? Ex: If there was water or fire damage and yo...
Looking for advice from experienced legal minds here We own a multi-family zoned lot which we originally bought intending to add a couple units in the back. Lacking the capital and building experience to develop it ou...
Hello everyone -
After a couple of years reading and learning about RE investing, my wife and I have finally moved to Denver and I can get started!
I am hoping to find/invest in duplex/triplexes in the Denver area, ...
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Found a duplex with two (1 bedroom, 1bath) BUILT IN 1929. Currently has tenants paying $1000 each. Need to update to increase rent to possibly 1200- 1600 (on the high end). I’m alloting 10k each unit. Each unit is 580...