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So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents. She's 80 year...
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Hello all! This is going to be a rather long post, but I am very perplexed on what I should do with my very current/upcoming situation.Long Story Short, for all intensive purposes I am about 100K in debt6k left on car...
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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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Hello Everyone!I am looking for a new vehicle that I can use for construction projects, and also outdoor activities in Minnesota-- hunting, fishing, hauling kayaks..For my business, I usually redo the unit once I buy ...
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So I bought a 4plex in Michigan back in September and hired a handyman who only had positive reviews on Google, Yelp, Facebook, etc.
He seemed pretty trustworthy at first and I hired him to get all 4 units rent ready...
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It's 10pm. I'm about to start washing gross bathroom walls in the apartment we're renovating to prepare to sand and paint. I'm on BP because I don't want to do it...I see people talk about hiring painters that can kn...
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Hey all!
I’m a relatively new investor & I was talking to some buddies and they basically told me to avoid single family like the plague because if one person leaves you’re at 100% vacancy.
What do you guys thin...
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I keep getting outbid on home offers I’m making on single family homes. HOW MUCH OVER ASKING PRICE DO I NEED TO OFFER?I’m looking in the Tyler, Texas area, doing a conventional loan.I offered day of, full asking price...
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Hey everyone! I want to begin my investing career but not sure where to start , I make about 20k/year , I currently am renting in nyc for $700 a month , I have 15k cash saved up . And another 5k in my Roth IRA . I️ wa...
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For Renee and I, it's all about the numbers. We truly believe that the goal of investing is to get the most return on our investment dollar. A 100k duplex that rents for $700/unit is simply not as profitable as a 3...