Hey guys and girls, My grandpa and I recently bought our first rental with Basically with cash ( he carried a small note something like 20k). We create an LLC to run the rental and control the finances and such, the L...
Hi there. So I have a property that according to the bigger pockets calculators will cash flow $100+ per month but the 50% rule is -901. My question is what do I do with this information. Why is the 50% rule so negati...
An odd question, but what would a responsible RE investors consider to be a good % of the value (market price, not equity) of your primary residence compared to their total net worth? Example: For quick & easy m...
Looking for advice on how to put together a deal with a flip partnering with a contractor friend:I have a friend who is a contractor who has already done one flip himself and is now currently doing a live in flip. I w...
Wondering if anyone has dealt with Litton Loan Servicing recently. I wanted to speak with the negotiator now that the BPO has come in about my offer, but her voice mail states she does not listen to her voice mail du...
Diana Olick (CNBC) "gets it", she does a good job for a media-type.
Note "Southern Florida" Cash Purchases - the highest in the Nation @ 22% AND the tied at 2d highest in FHA at the same time. Wait 'til they find OU...
Hello, Is there like a rule of thumb on what percentage of the home price should be the most an investor pays for renovating a rental property and what the highest percentage you pay for renovation a home using brrrr ...
I've been looking into purchasing a duplex as an owner occupant utilizing no money down with a VA Loan. After this is completed and I have lived in the home for a certain period of time, I would be looking into renti...
Someone please explain what Cash on Cash return means. Thanks.
I was wondering if cash flow is taxed? Once I'm fully rented out I'll receive around 500 in cash flow. Should I save a percentage of that for taxes?