I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
Share your thoughts on buying rental income properties starting with about half a million dollars. The "why" is the important part of this question. If you are buying properties in the $100k range, do you buy the...
BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...
Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...
Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month. I’m just asking for...
Just curious - are people still actively purchasing rental homes in the current market? Or are you guys holding onto your cash to see how COVID-19 plays out?