Good morning everyone, happy holidays. I have a question and I'm dying to find the answer. I keep hearing everyone talk about the1% rule and how it's important. But I'm looking at the Austin, Tx market for duplex/4 pl...
Hello BP Mates,
I have a SF rental in Mesa, AZ currently occupied until next October and will have around $120k in equity by that time. CAP rate and R:V is not great, but appreciation is fantastic.
I was thinking of...
Hello all, Requesting some advice for my next purchase. I'm 31 years old with two properties that already cash flow very well. I'm ready to go with purchasing a third property but when analyzing properties, it seems d...
I'll try to not make this post too long! Sometimes it is a tough balance getting enough info out and not blabbing on. Hang in there with me please!A family member of mine unfortunately and unexpectedly passed away. To...
Hey everyone,I have a question in regards to where to invest next.I currently have a triplex and am trying to decide on whether to focus on increasing its cash flow via removing my PMI or moving on to purchase anothe...
Hi everyone,
Thank you in advance to all the help and advice you provide on this great forum.
I am looking at a Shopping Center in Dallas that is for sale, possibly going under contract today but before...
Goal:
Retirement for my wife and myself by the end of 2020. (ie. $7000/monthly cash flow)Plan:
Purchase and Hold inexpensive duplex properties primarily in the florida area.Breakdown:
Year 1-savings and credit b...
Step one was raising my credit score. I have done that. Step two was reliable income and learning about property management. I have been managing a 49 unit apartment building for almost two years now. During all of th...
Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
Hi, folks.I'm in CA Bay Area, where rents and prices are very high. I'm considering selling my private residence which a RE agent said should fetch about $800k. Decent area duplexes (3/1 + 2/1) are about $1.0 mil. A...