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First of all, this is my first post so I hope I'm posting in the right forum. I have been spending the last few months reading as many books on Brandon's List as well as a few others (i.e., Rich Dad, Poor Dad (actuall...
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Guys I am in need of some help with my SOW and budget for a property I am purchasing. The property is an older property (built in 1920) and I am picking up the property for $45k with an ARV at $180k. The problem is ...
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In looking at rental properties with a realtor, he mentioned the rule of thumb of looking for something with gross rents of at least 1% of the purchase price. What are your thoughts on this? Do you use this rule? If s...
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I have an accepted offer that is 20k over list price. Are there tips on influencing the appraisal or is that something I can't control?
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Good evening,I am an investor from CA. I bought a duplex in Indy last summer and I am very happy with the returns so I am looking to add another multi family to my portfolio.I have about 30K saved up so I am looking i...
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Hello fellow BPers. I've noticed alot of posts where people don't consider an 8% return to be worth a deal or feel it is taking on too much risk for an 8% return. Whether it's investing in a turnkey property or a r...
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Hello BP!
I'm currently evaluating a SFH 3/1.5 in Indianapolis. House is 1150 sqft. The home will be completely rehabbed (cabinets, bathrooms, flooring, roof, furnace, windows, etc.). Built in 1978. Zip 46221....
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I just received an investor's rate quote from the bank yesterday. 4.6% with 20% and 4.125% with 25% 30 year conventional.
For those you who manage mutiple single family home rentals, do you take the lower rate by pu...
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Hey all, My family and I are looking to relocate to Austin Texas from Salt Lake City. I’m wondering, we are really excited to buy a home that we want to live in and hopefully have the potential to house hack given wha...
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Hi, BP community! I'm a recently married 33 year old living near Orlando, Florida. I'm going to be inheriting some money soon and want to use it wisely. Real estate investing is appealing to me. I'm trying to formulat...