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My girlfriend and I are trying to buy a 4 family home in Rhode Island. We want to live in a unit and rent the other three units (House hacking). My girlfriend seems to not understand why we need to house hack opposed ...
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If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
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I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
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Hello everyone. Going to get right to the point here...I'm 17 years old, will be a senior in highschool this year, and college is creeping up fast. There's no doubt REI is the path I am taking and several seasoned inv...
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I have been involved in Pace's Subto community for over 2 yrs and it has just become better and better. I was a little apprehensive about the cost because I have been in other mentorship groups which did not really de...
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What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
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A - Invest $100, add value to $120, market corrects to $100 in year 1, but you achieve an 8% return from cash flow and principal reduction.B - Invest $100, add value to $120, market remains as-is (or it takes longer t...
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I took the 18 page report released by Trump's committee yesterday and summarized it below.
I hope we can all see the light at the end of the tunnel. It’s not going to be as easy as turning the light switch ba...
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Have 2 friends - one starting with $100K in retirement funds and the other with $25K in savings - both looking to get to $10K/month in income as fast as they can. Both have jobs, consistent income and good credit scor...
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Hello BP community. I'm considering buying a property to hold and rent out, and would like some more input on whether it's a good buy.The property is in the Raleigh, NC market, specifically in the downtown Cary area (...