BP, Minimal or no appreciation, lower overall values, hit or miss area but constant cash flow. Is there a problem with this? My strategy is to replace my income with rental properties.Slice and dice it!Matt
what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...
I’m a newbie landlord in Cal and have already served the 3 day notice twice with my very first tenant, I’m still in the early stage of this painful eviction process.Tenant claimed heater broke down the second day afte...
Did anyone see the sub prime meltdown coming?,did anyone see the housing market crash coming?,did anyone see our top financial institutes go belly up coming? and did anyone see this coming when Wall Street crashed int...
I am currently thinking of putting an offer on a triplex in the Seattle area. Two of the units are occupied and the other is vacant. The occupied units are both section 8 tenants with leases that do not auto-renew. Th...
I am about to sell another flip, and I have been deciding rather or not to buy a commercial property to flip, for the reason that the banks are wanting too much for dilapidated housing that has all turned too competit...
Greetings, I am 36, father of a 3 year old boy. My wife and I have been thinking about investing in real estate for a while and have a small down payment to get started. (Under 50k) I am working on the criteria and ...
Hi All,So as I’ve been reading the BRRRR book, listening to podcasts and researching/practicing analyzing deals every day, I can’t help but think about how you will know what a rehab might cost. If you’re investing fr...
Hi everyone! I’m a new investor looking to get started on my first property. I live in a very expensive market (NYC) so I’m evaluating long distance markets as a place to get my feet wet on a smaller deal. I’ve been r...
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...