I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
I am simply beside myself. I am VERY new to SC...and about to put in an offer on a home only to realize the HOA forbids ANY home businesses of ANY kind. My career is in family based home child care (6 or less kids)......
My question is simple. Who is investing in rural America, why are you doing it and what is your experience? Is it your longterm goal or is it a temporary goal to achieve cash flow?Lets define rural America as towns of...
At the beginning of each year I take the time to research and reflect on various markets throughout the country so as to provide a road map to my acquisition search for the year. As an active buyer of apartment compl...
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
Hi all,
I'm just starting to dive into all the great info here and I would like to start looking for properties to buy and hold for cash flow.
I live in San Diego, CA and from what I can tell, it seems ...
Hi everyone... I'm new to this forum, thanks for having me.I'm in a little bind and need some help related to a 1031 exchange where a Qualified Intermediary is holding $113,344.93 of my money. Looking for some advi...
I recently got denied a refinance loan on my property due to losing my job whilst this was in the process. I have no desire to go back into the work force I wanted to know what could be my other options of obtaining l...
I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...