Account Closed
Real Example of the 50% rule; need clarification
Hello! I'm new here and I'm wondering if I am interpreting this right...I'm running the numbers and I am somewhat baffled how I can't find any "good deals." The 50% rule states that 50% of your income will be spent on...
Brad Meyer
Do Future Sell-Side Commissions Affect Buy Price?
My question is in regards to how commissions and vacancy affect the buy price. I understand when flipping a house, most calculations take into consideration how much you'll have to pay in commissions when you sell th...
Wendy Stclair
Optimizing the value of 1031 Exchange
Hi all! I'm on a whirlwind education of 1031 land and have been analyzing how to maximize my results on a recent sale. I'm curious any sage advice on my approach, from those of you perhaps more seasoned here... SOLD: ...
Dominic Bailey
I'm really confused about the 2% rule.
I have a property that I am looking to rent out very soon. I purchased the property when it was $208k. I did some work on it and now it's valued at 237k. I plan on renting it out for about $1,900 a month which is the ...
Michael Davis
Access Large Equity in Rental Properties
I have owned 2 rental properties in Roseville, Ca for about 5 years. The properties have no mortgages and 1 HELOC with zero balance. Rent is about $2k/month for each. Zillow and other estimates indicate a value of ...
Michael B.
Buy and hold - Where do you find/found bargains
I am from SoCal and I am looking for good areas out of state to invest. I was wondering if you guys would be willing to share the areas where you find/found your cash flowing bargains (multifamily). I am still a newb...
Seth Levey
Does the 1% rule still apply?
The market has changed considerably over the last several years and while housing prices and rents have accelerated, the cost of a new fridge or plumber repair call really has not. Therefore, the net cash flow (especi...
Hernando Quintero
How long before I refinance my investment property?
Would be honored to read your opinion folks! I've had a mortgage for about 7 months now at a decent rate (3.9) . The condo is cash flowing well, but I suppose it could be improved with a refinance. How long would you...
Brian Kelly
Cash Out Refinance @ Increased Rate
We are in the early stages of considering investing in a multi family property as an investment. We are considering doing a cash out refi on our primary residence as we have considerable equity in the property. We wou...
Simon Pedersen
Fort Myers/Cape Coral, Florida
Hello,I am looking to establish contact with wholesalers in the Fort Myers/Cape Coral area.Any references?Thanks.Simon