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Hi all,
Newbie question: since there seem to be many areas in the US where houses cost $20-100,000 and there are several government financing programs that let people put down very little as downpayment (less than 10...
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I've noticed that a lot of properties talked on here are under $100K.
Avarage nyc property is $300K-$600K for a 2fam. Pretty expensive for a biggener with no $. But good credit and ik job. I can get $100K l...
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I got this duplex near dallas. Cost me $135.500, tenants are already placed and total rents are $1775 a month. I have seen the property and the tenants, property looks great, tenants take good care of it.
I am put...
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Hello Investors,I’m in need of some advice here with this plan I have. My goal is to achieve financial independence in 3 years by investing in apartment buildings. I need to get $5000k cash flow per month to accomplis...
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Hey everyone, I have a general question for you master landlords out there. I am about to buy a triplex and the situation is as follows:1st tenant month-to-month2nd tenant 3 months left on lease3rd tenant 6 monthsThe...
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I was surprised by the amount of long-term costs I calculated and even more surprised by what my biggest costs were going to be!!!! I also learned about better ways to estimate long-term expenses. Flooring and interio...
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I was doing a little bit of reading up on the BRRR strategy blog post by Brandon Turner here on BiggerPockets. I'm slightly confused on the refinancing aspect of the strategy. I'll use his example to demonstrate:Let's...
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Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...
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Hi Everyone,In a lot of the books I am reading, as well as some of the podcasts I have listened to, many landlords have talked about adding a clause to their leases to give anywhere from $25 to $100 a month back to th...
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Hello everybody,
I am not a landlord yet, but if all goes to plan I will own a two unit upper lower in which I plan to house hack in the next couple months. As with all things in life, no matter how prepared I feel or...