Charles Fay
What to do with savings
2 January 2025 | 8 replies
Former Marine that started investing while he was still on active duty.
Jared Galde
Hey! I'm Jared. My life is about Sober Living Home Investing
9 January 2025 | 10 replies
I'm looking to connect with people actively doing sober living to collaborate and grow as well as people looking to get in the game.
Augusta Owens
New member and new to real estate
7 January 2025 | 12 replies
That way you know they are active in the BP community!
John Burtle
Building my first spec home!
15 January 2025 | 26 replies
It's been a long-time dream to do a new build and so I'm actively working to find land and begin the process.I agree that the profit margin you post seems very small.
Kristi Wolfe
19 years old - getting a loan with roommates
1 January 2025 | 4 replies
Seems like a common scenario for some of the active military we've helped in the Tucson area recently, feel free to reach out if you have any questions!
Kishore Billapati
Active property management
1 December 2024 | 1 reply
What actions and/or credentials make a landlord an active property manager to deem rental income/loss active in CA?
Jennifer Fernéz
Help with this deal!
4 January 2025 | 9 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $250,000 Mortgage Amount (80% LTV): $200,000 Equity: $50,000 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop from 6% to 5%Monthly Expenses: Mortgage Payment: $1,074 Property Tax: $260 (4% Adjustment from last year) Utilities: $309 (+3% Adjustment) Insurance: $104 (+4% Adjustment) Vacancy: $105 Repairs & Maintenance: $105 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $1,957Rent Income after 12 months assuming annual rent increase at 5% : $2,100Cash Flow: $143 per month 😊Year 2 Return on investment $2,951 Principal Paydown year 2 $20,000 Property Appreciation (assuming 8% per year) $1,720 Yearly Cash Flow (this will increase as rents rise) $50,000 Initial Equity Total Gain $74,671 with just $ $22,789 remaining in the deal.
Makani Donaldson
STR in Hawaii
8 January 2025 | 10 replies
Yes, I have investors actively buying STRS on O'ahu at this time and they are planning to make money off of these investments. 2.
Guenevere F.
Hi Everyone! I’m New here & super excited!
18 December 2024 | 10 replies
@Guenevere F.When I started in rental property investing, I found it crucial to set clear goals, leverage existing skills, and focus on scaling gradually.
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
The property is not active yet.