Would you consider negative cash flow for a house that will appreciate and rents will increase?
Just finished my 4th tax lien sale here in Indiana over the last couple mo. At the last sale in Madison County (Anderson, IN...depressed area), nice homes went for 50-100% of assessed values with back taxes owed just ...
For about two years now, one of our tenants has been paying for rent in cash. I am almost certain nothing illegal is being done to obtain this cash - they are in a band and receive tips for that and his wife is a wait...
Brand new to real estate investing.
I’m looking for advice on the best way to finance a project.
My friend has done 3 of these so far, and I am planning to join him on the next one with hopes of expanding the busine...
I've heard about this and I find it interesting but I haven't been able to get my head around the payback. Is anyone practicing this strategy either locally in New England, Providence, Boston, etc. or nationally? It...
Hi All,
Things are moving forward with getting my STR up and running by end of next month. I'm still on the fence about self-managing remotely vs a local PM company. Those of you who self-manage remotely, have you ev...
Okay, here's the situation:I have a partner who wants to invest, but basically is relying on me to find the good deal. I see a lot of these 50/50 deals where there is someone who has the money, and someone who has the...
Hey BP Family, I want to thank you all for the great advice I've received over the last few months; it's all starting to pay off. A week ago today I closed on a duplex in Olathe, KS using an FHA loan. Two days late...
Hello :)
I am an entrepreneur in the Raleigh area and I am new to the REI world. I am learning a lot and I love it. I feel like I should get my RE license just to know that side of the business but I have no desire t...
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...