Chris Ruud
50% rule seems high?
I've been reading about the 50% rule (a quick way to estimate expenses being 50% of gross rental income) and have tried to apply it to properties for sale and it always comes out consistently too high. The numbers I'...
Arthur J. Encinas
1st offer on REO property
Hello everyone and thank you in advance for your answers and insight.I'm looking at a SFR REO property-3/1, 994 sq ft, 9600 lot size. NOD deed was for $98k. It was on market for $70k and now down to $62k. Comps are ...
Sean Kollee
inner city duplex part 1-4
OK, Im going to run through a project here in its painful entirety - start to finish. I will figure out if I can post here efficiently so it is easy to follow along, text, images etc. I have all the material on my we...
Jack B.
Raise the rent and risk getting bad tenants?
Two different houses. One, the guy has rented from me for 7-8 years. I've raised rent once, 3 years ago to bring it closer to market. He has bad credit and can't buy a house, but he can certainly rent a new one albeit...
Blake Ramsey
How to analyze a markets performance?
Hey everyone, my name is Blake and I'm an aerospace engineering student based in Springfield, Mo learning everything I can about the world of REI. I've been doing a lot of property analysis... Analysis's... I don't kn...
Ericka G.
Dealbreaker? Ocean views with power lines
Hi all,Are power lines a deal breaker? Under contract on what appears to be a solid deal…ocean view 2/2 home over a 1/1 apt that is already occupied by a great tenant. The rent from the apartment will pay 60% of the ...
Shai Flax
Looking for a good place to live&invest in FL
Hi everyone!I'm Shai and I'm currently live outside of the US. We have a plan to relocate and Florida seems like a great investment opportunity with great warm weather.I am already investing in Pittsburgh PA so we wil...
Tyler Hardy
ADU for Old Littleton (Advice)
Hello Everyone!
I had posted many months ago about ADU plans I had for my house. At the time everything was hypothetical. Fast forward today, I have the zoning required and the necessary variances to build a full n...
Carlos Silva
Need some advice!! Should I retire?
Need some advise. I have 3 rental properties. Two duplex and a single family. I am a month away from paying off the single family which I will cash flow $1900 a month and it worth about 375,000.
Total cash flow wi...
Mark Russell
first wholesale deal
I am interested in flipping and my mentor told me to go and find a deal and I did, but I have talked to 3 different hml sources and can't seem to get financed because I don't have any money to put down right now. I do...