The Richest Man in Babylon by George Samuel Clason: “To attract goodluck to oneself, it is necessary to take advantage of opportunities” “Men of action are favored by the goodness of good luck”One of the most importan...
It seems to me that if you find the right combination of rental income (1%+ monthly) / cash paid, it's very hard not to make money.
Example: an $80,000 property, 25% down at 4.5%, and rented at $900/month.
You inve...
Hello everyone!
I’ve been learning how to analyze properties and I wanted to post on how to do a full, if basic, property analysis. My hope is both to help other investors out by distilling things I've learned while...
Hello All,
I am in the process of finding my first multi-family deal and and I believe FHA financing will be my best financing (owner-occupied max 4 units). I have been doing a lot of research on FHA financing and do...
Hello. As a first time buyer I went forward with the mortgage company my realtor recommended and now I'm worried I did not get enough competitive offers for a loan. About us: My partner and I have excellent credit (~8...
Hey I’m currently under contract for a 3 family built in 1921 and a 4 family built around the same time. Side by side buildings sharing a lot.Anyways my question is.. would you feel comfortable buying properties this ...
I've rented on 1996 SFH to the same tenant for seven years. She has always paid the rent on time, and I never get complaints from the neighbors, but she has not taken great care of the house. I know she has had adul...
I am looking for advice on purchasing a house in which my aunt has gained ownership most likely through quit claim deed from my grandparents 10 years ago. My grandparents had owned it since sometime in the 1950's. I g...
St. Louis investors,I've got a 4-family property under contract in University City area of St. Louis, MO. I'm targeting C class areas, and wanted to get the opinion of some local BP investors on the area. My realtor...
I'm in the process of purchasing my first rental property. I was considering starting an LLC, as I wish to have more properties in the future. At the same time, I have heard that banks charge a higher interest rate fo...