As I "run the numbers" to estimate the cashflow potential of a property, a sticking point for me has always been accurately representing the Vacancy Rate and the Repairs/Maintenance costs. The Vacancy Rate is somethin...
Hello Everybody!Happy to be here. This seems to be where the wealth of real estate information is located! Currently live in Los Angeles, CA working as an engineer in Aerospace. Planning to move to the Denver, CO area...
So I currently live in Roanoke Virginia, and this upcoming summer I'll be moving to Florida to be with my girlfriend for 2 years as she completes final years of PA school. I was thinking of buying a foreclosed house a...
I'm planning on buying my first property in Chicago next year when i have enough money saved up. By that time I'll have enough money to put 20% down on a $200k property plus renovations. My plan is to buy and hold eit...
Hi Everyone,My wife and I just incorporated and are still getting everything established for the corporation. After much research, we went with a C-corp over an S-corp. Anyway, my wife owns a home in New Mexico (we l...
I am very determined to begin investing into multi tenant rental properties and would like any mentorship/opinions someone is willing to offer. The pickle: Wife and I HHI is 255K. Easily have about 2-3k per month to i...
I've been listening to a lot of BP Rookie podcasts and many folks on the interviews say they buy all their properties in their personal names (single- 4 plex types). Then some also say "I reinvest all my money back i...
Out of college soon :) How can I qualify for an FHA loan without work history? Are there other good financing options for house hacking?
I am a newbie investor and I will be purchasing my first triplex in a few months through an FHA Loan. Do you think it is necessary to start using property management software or could I use spreadsheets to keep track ...
I know how partnering on flips works, but I’m a confused on how having a parter on a rental works to everyone’s advantage. Is waiting longer to recoup funds in an investors best interest?Here’s an example:Property cos...