Scenario -- seller has foreclosure sale date in a few days and they are 25K behind. Their payments are $1650 per mo. I was thinking of bringing them current, taking over the payments, and keeping them in the house, un...
Found a property in beach area that is definitely overpriced (almost everything is) but with calculations of 70% occupancy high season and 50% low season , and other methods such as enemy method @lukecarl , the proper...
I know they say it take little to no money to start wholesaling but my issue I keep running into is everytime I find a good deal they want a 3000 emd deposit and I dont have it starting out. Is the Emd always 3000 and...
Hi - I'm a new investor with my first home under contact. It's a 100-year-old home located in the urban core (64130 - Blue Hills) of Kansas City. I am purchasing it from out-of-state as a LTR. After inspection this...
I just finished reading The Debt Millionaire by George Antone. Decent book (although I would recommend The Value of Debt in Building Wealth by Thomas J. Anderson over this one - somewhat similar concepts). The autho...
After reading, researching, and adding information for ROE calculations I realized the % goes down every year. ROE is opposite to ROI, year over year. I based my calculations conservatively for a rental property we ow...
Hey BP, I'm feeling a little down. I have been looking for a place around the provo, ut area and cant find a multifamily that falls into the 50% rule. Does that mean I need to find some exceptions to the rule, or tha...
We are looking into purchasing an investment home for rental income. We have already paid off our home, have 215k in the bank and are looking to get the investment home for 105k. Eventually, we may get 1 or 2 oth...