Tyler Warne
What is the best way to start a mastermind group?
8 November 2019 | 0 replies
But the internet keeps us connected so well...I did enjoy the group which was facilitated through BP, but I thought that these folks were doing good and are all on their journeys, but it wasn't a specific group of people that were into the same things or overcoming similar obstacles and everyone was mostly pretty fresh.
Douglas Montgomery
Looking for advice about purchasing a 7 Duplex Portfolio
9 November 2019 | 22 replies
@Douglas Montgomery, I couldn't get the link to load, but if you want to list out the numbers below.Income - Expense = NOIExpenses must include:maintenance & supplies taxesinsuranceproperty managementcap-ex reserveslawn caretrash serviceutilities (if owner pays)snow removal (if required)internet (if provided)security system (if provided) advertisingThen subtract debt service from NOI to calculate Cash Flow.Also, NOI / Total Capital Invested (purchase price + rehab + closing costs + holding costs) = CAP Rate
Corey Harlow
WRITING YOUR FIRST LEASE
24 November 2019 | 21 replies
This brings me to my second question and first tip.Tip#1: While no one can argue that books are a great resource, if you're like me and are diligently managing you budget, the internet has more information than you will ever be able absorb, extort it for everything it's worth.
Thomas Bass
STR Costs Not Including Mortgage Each Month (Sevier County TN)
12 November 2019 | 36 replies
I don’t think anyone is going to open up their tax returns on the internet, but.....Average numbers I would say Cable/Internet: $175Electric: $200Water: $0 it’s well water (which has pumps and filters that can break any time) Propane: $300 per year Maintenance: good luck guesstimating this one Need more details to get you close to what you seek but @Avery Carl has all of your answers.
Charles Leon
Different LLC for every flip?
11 January 2021 | 20 replies
So it's better to leave them dormant for a few years, not to close them.I'm not a lawyer, so take this like any other free advice from the internet.
Jesse Daconta
Lawyers and Commercial Real Estate
13 November 2019 | 13 replies
The internet is an amazing directory for groups and professional meet-ups.
Ben Feder
How do you find the right professionals for your deals?
10 November 2019 | 10 replies
I know which professionals I'll need (realtors/agents, mortgage brokers/bankers/lenders, inspector, attorney/escrow/title, contractors, accountant, management company), but I haven't the faintest idea on how to find the right people beyond endless internet searches and screening, or hoping to find the right professionals on BP in the specific area I want to invest in.
Samantha Ruiz
Newbie from Southeastern Wisconsin
16 November 2019 | 39 replies
You are joining quite possibly the greatest community of helpful people the internet has ever known.
Gabriel March
Pennsylvania real estate laws
10 November 2019 | 12 replies
Don't expect strangers on the internet to serve up everything you need for you.
Colbi Ight
Refinance rates and fees
11 December 2019 | 8 replies
The internet is your friend for competitive loans.