My wife and I just bought a new personal home - one we can finally house hack! We're going to sell our current home and use the equity to pay off my student loans (and because we wouldn't come close to even the 1% ru...
My original intent was to purchase a property with private money. Do the rehab. lease it. Then do a cash out refinance. I've contacted no less than 30 banks, credit unions and financial institutions trying to locate a...
Hi all, Just had a quick question on what everyone uses as a rule of thumb for rental cashflow?just to make it simple... I'm talking about financed (20-25% down) 2-3 bedroom houses/condos that are in the 100-150k Rang...
Super excited, officially rented out my first property! It's a single-family home in TX, and the deposit has been paid. Wanted to share some things I learned and that I would implement/do differently next time. Down t...
I know in this business you are supposed to be thick skinned but you are also human sometimes. I have been in this business for about 3 years so maybe I should be over it but sometimes I still get the feeling like I a...
Hi BP,I'm new to this site and though I've seen this question asked several times before I figured I could offer some new questions and get some new perspectives/experiences.What would you do if you had $20k at age 22...
Hey all! I live in Southern California and want to purchase my first property out of state since the market here is so high (over my budget). How realistic is it to find a cash flow positive property when investing fr...
I bought John's online course, LeasingToBuy on May 31st. I thought that the course materials were very sloppily prepared, with little detail given on how to do transactions. The contracts were not editable online, and...
For those of you who that have your short term rental managed by another company, what do you typically pay in fees or a percentage for the management service? I have some family who are considering renting out their ...
In the rental calculator here, you factor in vacancy as an additional cost in owning a rental. I have been just automatically putting in percentages just to do the calculations without a second thought but I just rea...