Hey everyone! I have some cash to start spending on several more rentals properties but I don't want to overleverage myself. How much is too much leverage for you guys? Do you follow Dave Ramsey's rule of 3-6 months "...
Hello all,I did an analysis for a property I am interested in below. This home is owned by my family so it is off market. I was hoping to see better numbers and it was disappointing when I did not. Based on Zillow, th...
Found a 20 unit multi family complex for sale. Broker claims the cap rate is at 90%. Hmmm.......sounds fishy
Hi,Property came on the market that I've been looking at. Needs rehabbing and I'm looking to buy, hold, and rent.I have a ball park on rehab and am verifying with a contractor to walk the property.Am I on the right tr...
Please help with inputs. New investor have one STR doing great. Have opportunity to purchase townhome beach house 2 bed/2.5 bath several thousand dollars under asking price. Was told should rent 50k per year I figured...
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Does anyone have a chart account set up they'd be willing to show.
Hi all,
I am relatively new to REI, and looking to buy more without being foolish and taking too much risk.
I am curious, what would you consider a good/safe LTV for your overall portfolio?
What would you ...
Hello,
When purchasing land or rental properties can this be a deduction ? My LLc is primary over our retail business and we were hit hard with owing quiet a bit of taxes around the sum of 48,500.00 for 2019. I’m tr...
Is home inspection costs an expense that is factored in the wholesale fee? It just seems like an expense that can add up If your deals dont follow through and your doing alot of deals. Is there a way to get that money...