The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Hello fellow BPs! As a new member this is my very first post on the forums; with many more to come I hope, I'd like to say hello!With all that I have been learning about multi-family rentals, I came across AirBnB and ...
Hey BP - I am having some trouble getting my first property rented and I would love to have some feedback from the community to see what I should be doing differently.Property details:2 Bd/ 1 bath duplexLight rehab pe...
I primarily flip houses at this point, but I also need to pick up some rentals for the depreciation and of course the passive income. That being said, I do not want to have my money tied up into rentals, when I could ...
I need your help with something and I’m having a hard time finding help at the local level. Some people say it’s legal, some say it’s not, some have ideas on how to make it legal, which I’ll love to here and will addr...
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...