Brandon’s guide to real estate rentals

This will be the center “hub” of all the forthcoming posts I will be writing about rental real estate and investment. The primary questions that come in about rentals tend to be the following, in terms of where they fall in buying and dealing with rentals. Prospecting (Finding deals) Qualification (Determining whether it should be bought) Financing the deal Rehabbing …

I found someone living in my office

Kept smelling coffee and couldn’t figure out what it was. ¬†Opened up a door next to my storage unit and there was a guy sitting on a couch watching Netflix.

(#15) – Best neighborhood yet!

A stone’s throw away from a few $200k+ homes, overlooking the entire city as long as trees aren’t full of leaves. Purchase – $21,000 Renovations – <$16,500 Income/yr – $9,000 Insurance – $750/yr Taxes – $1250/yr R&M Escrow – $1000/yr NOI – $6000/yr or 16.4% ARV – $65,000-$75,000  

Financing

Other than people asking me how to find good cash flowing properties, how to get money to finance a property is likely the second most often asked question that I get.   So, I will be going over in the various methods used to purchase and hold rental real estate. Some of these I use almost exclusively, other ones I …