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Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
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Hello everyone,Just double checking my math on my current home. Can anyone give me insight regarding these numbers? I am pretty new so I am not sure if they are right..1. Bought a house for $127K. at 3.750 interest us...
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I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...
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Want to learn how 15 seconds could save you $50,000? (Man Doesn't that sound like Geico) Keep reading! So we bought a home in Lawrence Indiana that was tenant occupied at close. Now if you're buying direct to seller y...
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I've sent out two postcard mailings now over 2 months to the same list of absentee homeowners in a particular are in the DC region, but gotten only 1 call (mailed 700 people each time). My list was generated from the...
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So i've heard many people talk about the 1% rule. The rule states that the monthly rent should be around 1% of the purchase price. Now I want to say I do understand this is a rule of thumb and I do understand it's no...
Hello y'all, new to the forum,
For all of you wise and well-informed real estate investors out there, I have a situation which could use some advice...
a little background:
I am 32. I work in the trades (contractor...
Hello
I just finished watching the pod cast with Brian Burke and on the pod cast they touched on starting out. They seemed to agree that the "ideal" way to starting out is finding a mentor rather than maxing ...
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Would you buy a property near a flourishing university with the intention of converting it into a student rental, if the general trend of property valuation is stagnant or slightly decreasing? The population in this a...
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I am looking to buy my first rental investment property, and after analyzing the market where I live (Traverse City, MI) for some time, I’m thinking there are other places within an hour or so that may provide more ba...