All Forum Posts by: Tim Bee
Tim Bee has started 16 posts and replied 176 times.
Post: Cash-Only Deals the new way???
Tim BeePosted
- Investor
- California
- Posts 179
- Votes 97
Cash is one of many. There are lots of ways to acquire a property. Keep an open mind always. Don't say I can't afford it say "how can I afford it".
Post: Am I to old to start buying investment properties?
Tim BeePosted
- Investor
- California
- Posts 179
- Votes 97
I've been investing for 15 years and have 16 houses. Lets say you do that. You would be 75 with 16 houses. How does that sound?
Post: Is KC the only market where rentals can still beat the 1% rule?
Tim BeePosted
- Investor
- California
- Posts 179
- Votes 97
Certain cities in California can still get 1% rule.
Post: What's your average net income per rental property?
Tim BeePosted
- Investor
- California
- Posts 179
- Votes 97
Hi, I am new to this forum. My question is what is your average net income per door? Excluding mortgages/loans.
Post: New investor , Going to buy my first property this is year !!!
Tim BeePosted
- Investor
- California
- Posts 179
- Votes 97
Don't settle for anything that doesn't at least meet the 1% rule.
Post: How many properties do you hope to purchase this year?
Tim BeePosted
- Investor
- California
- Posts 179
- Votes 97
I will buy my typical one per year in 2023. That will bring me to 17. Average rent is now $1900/mo. Total combined mortgages are $1604.