Wouldnt it be better to buy properties in places with a low price to rent area?
In other words, cheaper houses with the highest rent?
Am I off here?
I manage 40 units. They consist of single family homes, small multis and condos. I have tenants in class A, B, and C areas. Some of my tenants do not speak or read English. I use a property management program (Appfol...
Little background. The way I purchase properties is a little different from what I've seen from other members. I basically have assets that the bank allows me to borrow against. Kind of like a home equity line but the...
I am looking at a house in Skokie, Illinois where the asking price is $205k. It needs roughly $35-$40k in rehab work. The comps seem to indicate the house may get an ARV of $300k tops (conservatively $290k). I w...
Hello everyone! I am reading "The Ultimate Beginners Guide" right now. Question for everyone. It gives a quick definition of the 2% rule (the rent should equal approx. 2% of the purchase price). I know this is not int...
Is it very complicated to buy an rental property with self directed IRA? The rental property i am considering, i have to all the utilities every month. I would love to talk with someone who has done this.Thank You.
Can anyone share there's thoughts on deal automator, if its any good for finding off markets deals, and just there overall services.
Hello everyone, my name is Bryan Cork and my family and I live in Colorado Springs. I am married with 2 not so little kids and am looking to establish a solid portfolio of rental property that will last into my kids f...
Hello fellow BP friends, I have read many discussions on here about the 2% rule. To my advantage, I have been finding deals that exceed the 2% rule. I am about to close on a house that turns out to roughly be 2.7% tur...
Hello everyone! I am active duty military relocating to Millington, TN (near Memphis). I am considering utilizing my VA loan to purchase a home in Cordova. At this time, inventory is scarce so it is definitely a selle...