I did a chapter 7 bankruptcy about 2-years ago. Really wanting to turn my financial life around starting with low-cost real estate deals. Currently I have about $20,000 in savings and am looking at (rural) homes in ...
expenses 2096 repairs 225 vacancy 315 Property management 450 Rental Income stated by seller to be 4500$/month for all unitsCash flow 1414/month ROI 96%(As I'm only putting 17500 of my own money for a price value of ...
I would like to get feedback on which REAL ESTATE FINANCIAL CALCULATORS you use to determine which rehab properties to buy or determining which rental properties to purchase. I've seen a great REHAB VALUATOR that is g...
Hello Brad --
Here is an overview of what we did -- maybe it could be helpful to you when considering a plan...
My wife and I were really blessed with our first deal. We has no men tor, and just had to go on faith a...
Hey guys, so I’m currently in the process of building my rental property portfolio. I currently have a private money lender willing to help with deals, and finance solid properties. I have 2 questions within this topi...
My wife and I are under contract on a duplex currently (purchase price 283). While I was telling a close friend of mine about the property he said to let him know when I’m purchasing my next property and that he has f...
Hi All,Silly question and I expect the answer will be 'no', but I've seen stranger things in FNMA rules...I know my wife and I can each have up to ten conventional mortgages in each of our names. Can we somehow quali...
I haven't read the tax strategy book on BP and intend to very soon. I am looking for recommendations on the best way to explain to a family member how he would file taxes on a second property, if he already has a prim...
I'm new to the game and have been purchasing and renting out properties slowly over the past few years. "They" say the first 5 properties are the hardest!
Anyways, I have 2 properties under my belt and I'm saving for...
Hello everyone. Looking for some opinions on what to do with this deal. I will most likely be occupying one of the units at least for a little while. My main goal is to house hack and make my monthly expenses as low a...