It seems that rentals are only worth it when you can do the domino effect to get a bunch of houses and be on the line for a bunch of debt. I have a full time job, and can get a house for 50k and get about 9000 in rent...
Here's the catch 22. My house (primary residence) is paid off. I have perfect credit. Regular investment mortgages would be easy to get..... if only I had a down payment, because they only cover 80% most of the ti...
I'm currently negotiating an offer for a 4 unit home in Johnston RI. I've been working with a really smart agent and he recommended Johnston as one of the nicer areas in RI for multi family investing. All separate ele...
So today the other co-founder of Holton-Wise (my business partner John Holton) closed on his new personal home today. This was by far one of the easiest deals I have ever been a part of.Fellow Realtors & Investors...
I have a house hack FHA fourplex that I'm thinking about selling. I don't currently live there but have lived there for 2 years. If I sell it, I might make around 200k+. My goal is to get a lot of cash flow so that I ...
Hey BP! Have a feeling I know what you all will say about this but thought I'd ask anyway. I've got an STR property under contract in the Shenandoah National Park area. Pencils out well return-wise, but the catch is i...
I've been debating on getting my first rental property, however having experience with investing in the stock market, I understand the critical nature of 'getting in at the right time.' Sometimes that isn't an easy ca...
I have an upper lower duplex with very nice hardwood floors. The upper renters are a husband a wife with two dogs and have been there for 10 years. I have owned the place for 1 year. The lower tenant is just a mid ...
So it appears to me in my local market and also at the macro level around the country that properties that cash flow nicely i.e. >1% rule are also in markets or neighborhoods that don't seem to appreciate that much...
Good morning all, we just bought a triplex in Phoenix which was fully occupied about 2 months ago. We assumed the lease of the 3 units, rent collected is way below the market average but we thought we will bear the l...