Mike E.
My first Turn Key deal - its not impressive...
Ok so I am extremely embarrassed to put these numbers out to the public but hopefully someone can learn from my amateur mistakes...I bought a house in DFW area from a Turn key provider, apparently the best in the busi...
Bob Anthes
Life insurance thoughts
Here is a question for all buy and hold investors specifically. How do you feel about life insurance? Do you have large policies ($1M plus) or are your investment properties your form of life insurance if something h...
Geoffrey Rittenhouse
Cash Purchase
Hey everyone- Long time lurker, first time poster.(Hopefully) quick question: I am looking to buy a pretty low-cost investment property in PA with cash. My only real experience in buying a home was the standard 30-...
Brandon Lashmet
Rental Deal Analysis: Rochester New York 4-Plex
Hi all,
I would like to get your thoughts on some rental numbers:
Location: Rochester New York
Built: 1895 (recently remodeled roof, electric, appliances, windows, etc.)
Sale Price: $247,500
Property Tax: 8,300 p...
Alex Costas
Triplex House Hack In Florida
Hi all, new member here looking for second and third opinions.I am looking at a property in the St. Petersburg area, hoping to live inexpensively.Stats are:Purchase Price: $150k (pre-appraisal, haggled down from $160k...
Bryan Hancock
Tax Advantages For Whole Life Insurance Policies For Those With Payroll
In a separate thread there was a discussion of using whole life insurance to shield income from taxation for business owners with a payroll. My understanding is that this technique is used so that the owner with payr...
David Thompson
Great deal has changed NEED HELP
Ok..... So I am supposed to close on a SFR with a large 2 store attached garage march 1st. Everything going great ROI was 17%; cash flow was going to around 200 per month. The kink in the plan came yesterday when my i...
Rico Nasol
ACV or Rebuild Insurance for Rentals
So we have a rental property in MO. We're paying cash for it and then going to rehab. All in, we're spending ~$70k with an ARV of $100-110k. The rebuild insurance is $84/month at $170k. The ACV insurance is $56/month ...
Jordan L.
First SFR Buy and Hold Deal - Highest and Best
Hello BP!
It has been a long journey to this point, but I've finally gotten to the stage of putting in offers. I'm looking in SC for a buy and hold, cash flowing SFR rental. I've been putting in lowba...
Tom Kairys
Should I setup entity enterprise before starting out in REI?
Hi,I am new in this field. However, I been in construction, sub-contractor, in particular, flooring and remodeling for 16 years. Looking to transition from physical labor and earned income to more of the passive incom...