Ned Carey
The 2% rule is the most brilliant ever
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Isiah Ferguson
IS THERE POWER HERE AT ALL ?????
I always hear people conversing about leveraging thier entire portfolio which is a great way to go. But is there power in NO leverage ? I was just concern of what people thought of dumping staright cash into rental pr...
Anand S.
ReAlpha plans to spend $1.5B to buy short-term rental homes
Have you guys seen this? An asset management company is planning on buying $1.5B worth of homes, or 5,000 homes at an average price of $300K, to operate as STR's. The plan is to focus on Miami, Austin and Dallas.What ...
Marcos Falcao
Cash flow with rising interest rates
How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...
David Maldonado
ADU Appraisal California
Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...
Tasha Barnes
Out of State Investing - Please share the good, the bad, the ugly
Hello BP Family, I'm in Charlotte and the home prices have sky-rocketed so I'm contemplating purchasing investment prop. in my hometown (Buffalo, NY), Detroit, Michigan or Toledo Ohio. I don't have have a ton of exper...
Brad E.
What I am I doing wrong? Can't get it rented.
Hey BP - I am having some trouble getting my first property rented and I would love to have some feedback from the community to see what I should be doing differently.Property details:2 Bd/ 1 bath duplexLight rehab pe...
John Arendsen
Investing in Marijuana dispensary properties and related biz's?
I know I might be opening up a real can of something on this thread but I need to get some advice from some commercial RE investors if possible. I recently ran across a rather unique biz op. I have a client that's bee...
Neil Patrick
What state to buy my first investment property to cash flow?
Hi Everyone - I'm new to BP and new to REI. I live in Southern California, as the market is super inflated. I am looking to make my first real estate investment as I have enough cash to either buy a cheap place in a...
Scott Trench
Help Me Understand the Fed's Most Recent Rate Hike?
Up until now, I've been cheering the Fed on, grateful that Jerome Powell took his lumps for the way too easy money policies in late 2021, and cranked hard on interest rates to beat inflation. I think in 2022, this Fed...