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Hi all, found a property I'm close to ready to moving on. Seller and I are about 4k apart in purchase price but I'm using their selling price for number eval:Neighborhood: C+/B-, I would live here if I needed to. Its ...
Hi All, I am interested in Buy and hold for cashflow, am trying to educate myself in the market before I jump in. I have read on BP that in Milwaukee, the D class housing has best cashflow, but not sure I am comfortab...
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Hi BP members,My business partner and I, @Sean Edward O'Brien , recently purchased a buy and hold duplex in Kansas City, MO. The cash flow is "great" and the property easily satisfies the ever-so-important 1% rule. ...
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I'm looking for some advice regard a property I have in Fairfield, Alabama, right outside Birmingham. From my observations of US Steele closing, Walmart leaving and other retail following their lead; I see nothing but...
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Hey BP,I'm gathering financing options for my first MFH (6 or 7 plex) purchase.I've used both conventional and portfolio lending up till now, and feel comforable with it. However, I heard Jeff Greenburg mention that ...
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I am still trying to identify my personal REI philosophy, and I am wanting to know if investing in turnkey properties are a good route to take for someone new to REI like me. What are the pros and cons of investing in...
Hey everyone! Thanks in advance for any help with these questions. I currently live in Southern CA, I have my last residence as a rental (5 miles away). Last year was my first year as a landlord, and knock on wood its...
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First, I know the 50% rule is a guideline and not a rule. I am curious: Given the high property taxes here the Dallas area, how achievable is the 50% rule?I ran a report using a house whose ARV is $150,000, bought at ...
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Hi all, I have cash and great credit and income but work overseas and will be quitting/moving to attend school and invest, so shortly won't qualify for loans.
I would like to do flip into rental type deals (like Moni...
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Hi all, Following a recent cash-out refi on my first investment project located in downtown Seattle (described at length in my profile), I am left with approximately $75k in capital. I intend on using most (if not all...