Clint G.
Why I ignored the 1% rule
I'm getting ready to purchase my second SFH rental in a booming Texas town full of new industry. This property is on the same street as my other SFH. Looking at the numbers, here's why I disregarded the 1% rule when m...
Preston L'Ecuyer
Check My Numbers - Rental Property - DFW
Hello All,I would humbly ask for someone to double check my numbers on a potential deal I am working on. (Sorry if this is not the proper thread, this is my first post, other than new member post).Details:Not on MLSAr...
Steve Burt
Evaluate My Performing Note Business Plan
Hi, I am hoping writing a long and detailed post will help check my due diligence process for getting into the notes business in a more thoughtful manner. I have read a ton of Don, Chris S, Chris W, Andy, Jay and Dion...
Mark Duhamel
Loan Doctor HCF High Yield CD
Hello all,I have been looking at this new CD for a few months now. My research says it’s legitimate, can’t find anything saying otherwise online. Anyone using this? A 1 month CD returning 6% seems too good to be true ...
Kent Depwe
All cash or conventional loan?
Hey BP,First post in here, short intro: I’m 25, Technical recruiter living in Austin Texas, just bought my first house in Austin July 2021.I’m keen to get into REI, not necessarily in Austin or even in Texas for that ...
Daniel T Stockman
Level Up or Stay Put?
I have a question and it revolves around selling a property. Let me outline the situation:- We purchased a property in 2021 for $245k and now we can sell it for $350k. We currently have a 2.99% interest rate.- The pr...
Kyle Mullins
Raising Rent for Long Term Tenants After Purchasing Property
Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
Account Closed
Kiyosaki talk. Write off RE with business??
Hi, I was watching a kiyosaki vid, and I heard him talk about Jared Kushner not paying taxes in regards to 3 forms of income. I’m not totally sure what’s being said here and I’m not asking for the “safe” “sounds real...
Brian Ewell
Out of state buy and hold
Where do you think would be a better place to buy and hold property as an out of state investor. St. Louis, Kansas City, Dallas or Memphis?
Kelvin He
Is operating with negative cash flow a good move?
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...