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if I buy, renovate and then rent or sell the property wouldn't it cost me the same to just simply buy a turnkey property and rent or sell it? I need to know please
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I don't want to debate if the 50% rule in this thread. I want to talk about the assumptions and categories to see how a landlord can be a lowest cost producer/efficient entrepreneurs.
I know it varies from state t...
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Read through the forums but looking for current advice on a strong argument for choosing rentals over non-qualified stocks over the long term. The biggest differences I can see would be the rental 1031 to avoid taxes ...
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Hi everyoneI think I have pretty much figured out how to estimate the costs of a light to moderate rehab. What I don't know right now is how to estimate a full gut rehab. I am not looking for an exact number, only a b...
After posting about Airbnb arbitrage for a bit I've noticed the same objections again and again about start up costs. In this post I'll explain some of the was one can decrease the start up costs associated with an Ai...
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Not sure about you guys but I thought last weeks Podcast was pretty powerful. It really got me interested in looking into purchasing non-performing notes. I read up on it since and have a better understanding of how i...
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Hey BP,Some of you may recall my rant about legal structures and advice from pros in a post a few weeks ago. After reading all the constructive, helpful comments and processing the frustration of working through every...
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I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...
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Not a hypothetical. Goal is to replace W2 income, initially.
Hi Readers,
Question for anyone who is currently receiving rental income - what are you doing with that money?
I have a multi-family property in NYC where I am cash flowing anywhere from $300-900 a month depen...