Classic story, I read "Long-Distance Real Estate Investing" and instantly knew I had to buy in a cash flowing market hundreds of miles from my home. I chose a strong market, ran the numbers, and then ignored all the o...
It appears they have removed the FTHB requirement. Does anyone know if it will apply to properties besides primary residences?
I have a hand full of rentals in the area. Rents have steadily increased. I will include my currently longest held rental (not the one I had before but sold though the rent appreciation is the same).
Bought: about 15...
I’m a new investor with 1 property under my belt. It is a 1b1b condo I took out a loan for and purchased November of 2019. The loan came to 65,000$. I lived there for a short while and rented it out in February of 202...
So I’m saving up to buy my first rental in 2020. I have a wife and a kid on the way, and I’m a newbie. I’m currently writing down sort of a 5-year rental property plan, and I want to hear your thoughts on a principle ...
Looking to purchase our first single-family home out of state (timeline about 12 months). We want to be conservative so we have been using the 50% rule to practice analyzing various properties. We're finding it very d...
Hello BP peeps! My name is Dan and I'm intrigued by real estate investing and am just beginning my education.I have no background in real estate, and am exploring the possibility purchasing a rental property (or movin...
(Price: 100 unit @$4m-$5m PP, @$1m down)
ACCURATE CONSERVATIVE RETURN NUMBERS FOR APARTMENTS:
Income #1)Cash flow:@8%-10% ROI =$6.7k-$8.3k/month =$80k-$100k/year
Income #2)Principal Pay Down: @33% minimum of $3m m...
I have a good feeling of the answer here just curious what people do when calculating net worth when you have a bunch of notes. Quite simply, is your net worth calculated by looking at the notes principle balance or t...
I have some equity I want to pull out of my property using a HELOC for the down-payment of a buy-and-hold investment. Does your underwriting change when you use this strategy? How do you factor in the interest payment...