A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Sorry in advance for a long post; I want to write a detailed post on how I got started in RE investing a few years ago, the lessons I learned along the way, and why I'm thinking about stopping now. I want to be as spe...
Good afternoon all so I have been taking Dave Ramsey financial classes over the last couple weeks. If anyone hasn't heard of him please look him up, but anyways my question is his beliefs and what he teaches on is abo...
Something I remember reading in Josh Dorkin's book, about economic cycles, is that one sign you're in the Peak Phase of a real estate market is that there are real estate gurus everywhere.I can't stop seeing this now....
It seems like so many clients and friends I talk to want to get started in real estate investing. With all the accessible information (including from platforms like BP) interest is higher than ever.My question is sim...
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...
Hello everyone,
I recently heard Kathy Fettke talk about this on her podcast. I’ve yet to purchase my first rental property, though I am taking steps towards accomplishing that goal, and it’s one question I hadn’t ev...
How do you know if a given Market is Overvalued or not? Anyone?
Hello all, I have two rental properties in Wichita, KS; both are single family homes that should cash flow around $250 per month but the repairs and fixes that I have had to do over the past six months (and especially...
I live in Washington state, about 2 hours west of Seattle. I have about $1,000 and some books I received at a Rich Dad 3-day workshop. I don't have a job, I separated from the military in March and have been getting p...