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...
Hi Guys,
Firstly let me say Thankyou for the opertunity to get these questions answered by the best of the best.
I'm a 20 year old wannabe millionaire who's really struggling in life and in need of some real estate ...
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 ...
Good Evening BP,
I'm going to be taking a trip to Las Vegas to prospect investment properties. I'm looking to purchase a single family property and follow a Buy and Hold strategy. What are some things I should do eit...
I sold my duplex and I’m sitting on a pile of cash. Moving forward I will implement the BRRRR strategy to get up to 10 properties, recycling as much capital as possible. I’m excited to move forward in my REI career, b...
I've been a hardcore follower of Dave Ramsey and have done his Debt Snowball in the past and it was very rewarding. The problem was that I started to veer in the past 4 years and take on more debt such as buying a La...
5 months ago I posted about creating $7000 of additional cash flow in a 4 year period and I also mentioned wanting to hang up my high paying W2 job. Further, a month later I posted about Oregon rental laws in March du...
So here’s the story, I am currently a Firefighter/ Paramedic in Las Vegas Nv. I have been in EMS for 12 years, and am completely burnt out with the first responder career in general, ( mandatory 96 hour shifts, massiv...
Hello! My wife and I have found ourselves in a state of "analysis paralysis" and are in dire need of some "Rent or Sell or Other" help from someone (or someones!) more experienced than us. I am trying to learn more ...
This is more of a vent than anything.
So the first month with a new tenant has come around and I still have no rent payment. We set it so it was due on the 5th and late by the 10th; The renter wanted to pay r...