I would like to own 10 rentals in the next 7 years. If I have barely any money where do you suggest I start? Should I adjust my goals to make them more attainable?
In a good economy, the BRRRR strategy has enabled probably thousands of people to leverage themselves into financial independence.I think less people have thought about what happens if the economy weakens substantiall...
Hi all,I posted this previously, but I think I posted it in the wrong spot. Unfortunately, I haven't been able to figure out how to adjust it, so I've decided to post here while I figure it out :)Just bought my first ...
So, several months ago we put an offer in for a property at 87,900 (it was just reduced to 112,000). They countered at 110,000, so we decided to end negotiations at that point in time. Weeks later it was reduced to ...
Hi Josh,
I absolutely HATE this new shorter edit period!!! YUK! UGH! OUCH!
For those of us that are totally illiterate and were born with twenty thumbs instead of the nor...
I was told by a CPA that my 15 year residential rental property will not be subject to 'recovery' since it was bot 2/08/84. It is fully depreciated. He said entire gain will be taxed at 15% cap gain rate. Is this ...
This week I ran across a Business Plan that an investor used to really get his rehab business going. The more I started reading it and studying it the more I liked the idea of doing one for my business. Here's the cat...
Hello all,
I have been lurking aound here for a while and finally decided to introduce myself. I stumbled onto this site about a year ago and found it useful in helping my daughter and son-in-law purchase a bank own...
For the purchase of a rental property (long term), with rates on the rise, I'm curious which of these options would you pick and why?
* 5-year adjustable 2.25%
* 1-yr fixed 2.65%
* 7-yr fixed 4.95%
* 10-yr fixed 5.2%...
In what price range does the 2% rule work most efficiently. Is it best for duplex, SFR, or 5+?