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MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...
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I am looking for cash flow buy and hold real estate investment. It's very difficult to find cash flow positive in SF bay area and looking for Out-of-state turnkey or vacation rental investment.I know that it's doable ...
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Hi! I've been looking into real estate for a while now and I'm finally ready to learn and jump into it. Before I do though, I want to know which route I'm taking- long term vs short term rental properties. For all exp...
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Hi Everyone,
I had a general question about starting an LLC as an active duty member of the military. Being in the military, we move frequently, and with that, I am due to transfer again this summer, likely to the W...
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In my experience, here are the misconceptions uneducated and inexperienced note investors possess1. Thinking the 1st lien note holder needs to pay off their 2nd lien note if the 1st lien forecloses2. Thinking the fore...
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Hello all!I've been doing research and saving money for months now, and a chance encounter with a Real Estate agent lit a fire under me. I now have an MLS search set up and a loan broker. My prequal is done, and I'm a...
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I’m a brand new investor currently in college and I’m looking to invest in my first rental. I’m located in the Cincinnati area. I would love to receive advice from people about what to look for and not when crunching ...
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I'm starting to read up on REI and the first step the resources say is to build a team.
People like lenders, accountants, title companies, appraisers, etc. are all important parts to the process. The two that seems ...
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How do you know what to say to the seller when you get the first call? Anyone have any tips on how to be prepared for this?Thanks
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Hello everyone,It seems that thinking like a Biggerpockets/Mustachian is very rare in daily life. This post is intended for those that have had a similar experience, those who enjoy seeing how others are working their...