Dawal Limbachia
2% rule before buying a rental property?
Hello everyone,In one of the BP podcast, Brandon Turner said that the 2% rule works for him in general. According to him, for example, if the property is listed for $100k, then the expected rent should be at least 2k ...
Gaby Liu
$5800 closing cost for SFH $85k
Hi everyone,
I am closing on my first rental property in Indiana and this is the closing cost details that two lenders sent me. The property is $85000 and I am putting a 25% down payment on it. The total closing cost...
Marina Startseva
HELOC vs. Cash Our Refi
Hi all! Newbie here (7 years of experience of running real estate investment fund but first deal of my own). I am ready to buy my first rental using BRRRR. I am pretty much clear on the B and first two of Rs. My quest...
Michael Balcom
First ever property success!
Investment Info:
Single-family residence buy & hold investment in Fort Myers.
Purchase price: $155,000
Cash invested: $155,000
3/2, 1600 sq ft. Great investment property that has appreciated a to...
David Stuart
Suspicious of REO property $100k below market value
Hi guys, this is not for investment. I'm helping my parents buy a new home. This if for living in, no investment. Apologies if these are dumb questions. First time poster and new to the forum and real estate game!Fact...
Dominic Ruegemer
Pre Foreclosure, Taking Over Financing,
Hey guys, I have the rights to buy a pre foreclosure (the sherif sale is on Wednesday). It’s located near Zimmerman Minnesota, just north of Minneapolis and St Paul by Elk River. It’s in a great neighborhood on two ac...
Barbra Thebenyane
Building Materials, how many quotes?
When seeking materials for your remodel or flip, how many different companies do you pull quotes from before you feel you are ready to make a decision?
Akshar Deri
Landlord Insurance is too high
HII have bought a condo in Powders Spring GA for only 65K but my Landlord insurance has come to around $900 with travelers. I am using same company for my Current home and Auto. I have tried couple of other companies,...
Andrew Frisch
Direct Mail Buying Process
I've been searching for my first house hack property here in Binghamton NY for over a year now through the traditional realtor/MLS and have had little luck. In my frustration, I've begun to explore the direct mail mar...
Roger S.
Taxes are pricing me out.
Just got property tax statements today. Most of the houses went up a few thousand to maybe 7 thousand, which is bad enough, but I have one house that the improvements were valued at 76,000 last year, and this year a...