I'm looking at a property in an up and coming tourist market, as a possible STR. When I asked for a current P&L statement, the listing agent said it would be made available upon receipt of an offer (the property i...
Hey everyone, First off, I hope everybody is safe and doing ok during this crazy time. I came across this very interesting and informative article that I wanted to share. I’ve had a lot of people asking me, and I’...
Hello there,I'm a new investor in Minnesota. I have a question for mortgage agents, lenders or investors who have dealt with this: Can you use fair market rents to help with financing the purchase of a property??for e...
Hello all,I am interesting to start to buy small multi family as up to 4 units, and I would like to ask if i can get some Tips feom the PRO how to do it right, if its a same as invest on regular single family house, m...
My realtor, who is also a good friend and has flipped a few houses just came to me with a deal. A house that needs some work, he feels like we can make some money on.I would be purchasing the house, and paying for all...
I have read many posts and articles about certain "rules" you are supposed to follow in real estate investing. For example the 2% rule, 1% rule, aiming to achieve a certain cash on cash ROI, etc. It seems like locat...
Have a family owned rental that I'm looking to sell as a flip but can't find any good comps to put together a real report for it. Last property to sell in that area was over 2 years ago as a foreclosure. Other prope...
Recently I have bought "The Book on Rental Property Investing," and there is a section discussing How to Make $1m in Rental Properties (pg 54) going through the plan. Year by year, Brandon Turner goes over the loan am...
Good afternoon. I hope that this isn't a "stupid" question, but I'm going to ask it any. I'm in a situation where I have a potential wholesale deal at a great price, but the middle person is a real estate agent. She i...
What’s your criteria of a good deal? Whether you are just starting out or have been in the business for a really long time