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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...
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I'm totally new to Wholesaling and I have heard it was a challenge, but I just spent over $400 at yellow letters.com and listsource.com for direct mail marketing, I'm putting up bandit signs, I'm driving for dollars, ...
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I was impressed by Quest Trust when I went to their Expo in September of 2022. Based on speaking with them their, I paid a rather hefty fee to transfer my solo 401K to them and have it reinstated and the fee covered ...
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I keep getting directed to this website from all over the place. There are tons of people marketing it. What are all of your thoughts on it? Anyone used their services? Do you think this is a viable technique?
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Whether I'm showing a unit, or at a cocktail party when people ask me what I do, I inevitably get the question "how many units do you own"? To me, this is quite rude and they are basically asking me how much my portfo...
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This is my first experience with this, and to be honest, I'm panicking. A former tenant that just vacated a property I own is suing for multiple items and a large amount of money. Mostly on items they're claiming we...
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Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Investors and homeowners, let us know: What do you wish you would have known when you bought your first property?
By responding h...
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@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
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I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
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I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...