If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
I'm just beginning the tenant screening process and was wondering about some guidelines. My sense is that you can collect applications from anyone who fits your minimum criteria and then choose the "best" based on inc...
I know the subject makes me sound dumb, but I’m serious. It’s best practice to set up an LLC to protect your personal assets, but from what I’ve found, it’s nearly impossible to get your first property under that LLC ...
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
I know there are many people who like to get their feet wet with turnkey, but does anyone actually own ALL turnkeys? Does anyone own 30 turnkey properties? Can anyone actually speak up that owns nothing but turnkey an...
I am wondering in what order do you screen your tenants?My general thoughts are this: 1.) Get my ads out on CL, doorstep, etc.. 2.) Organize and Host an open house. 3.) Collect applications from those who attend the o...
How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...