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Within 2 years I acquired 4 single houses out of state properties via turnkey company. I sum up all my 4 rental income minus the mortgage, escrow and PM fee and end up with 1060 cash (1060/4= 265$ each property month...
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I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?
Hello!I've found a rental property I'd love to buy, but the only problem is it doesn't have renters in it yet. Is it ok for me to use a loan or low-interest credit line of my own to pay the mortgage on the duplex befo...
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I currently have one rental property. It’s a duplex, 2-bedroom 1 bathroom, 1 car attached garage with an unfinished basement in each unit. I first bought the property in April of 2016 for $156,000 with an FHA loan at ...
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Looking at starting my first flip. I have $23k saved up and am looking at houses in the range of 40-70k including rehab. I'm in Kansas city where the market is hot, so I figured the hard money loans are best for their...
Hey everyone,
I know this is probably a total newbie kind of question, but its something that i think i would find easily but i cant seems to find a subject on it. I currently own 2 homes, one is my main resi...
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Hello BP Community,I have recently removed the escrow accounts from our financed properties. That means I will be sitting on a bit more cash until I pay taxes and insurance every 6 months. That said, I could park this...
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How do you improve (increase) your ROI on cash purchases for hold and rent deals ? How about for BRRR?When I'm practicing analyzing deals I find that I CF but my return on cash is not impressive
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Hey Guys!So I had a question of opinion for anyone just starting out/veterans. What is the quickest way to start saving? So ill give you the scoop on my life and budget.I work full time for Publix. I have the stock op...
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Hello all, I recently purchased my first investment property and I’m happy with it! Although, it took quite a bit of my reserves and I’m curious to hear some of you guys stories on how you rebuilt your capital in orde...