Lucas Morales
Are Vending Machines Great For Multifamily?
10 September 2024 | 7 replies
@Lucas Morales, whether you handle in-house or through a vendor, I would certainly make sure you understand who is responsible for damage and theft.
Lan Raby
Ultimate Money Pit... Quadplex priced too good to be true. The true cost was stress.
11 September 2024 | 6 replies
So I started $60k in renovations to boost rents.
John T Shoemake
Ya gotta start somewhere...
10 September 2024 | 2 replies
This approach can significantly boost wealth-building potential.Good luck!
Julie Muse
Maximizing Returns in the Big Easy: A New Orleans Success!
9 September 2024 | 2 replies
These updates boosted the home’s attractiveness, driving buyer interest and ultimately increasing its market value.
Nazimuddin Basha
Strategies to Combat Negative Cash Flow Due to Property Tax and Insurance Increases
11 September 2024 | 9 replies
Hi Nazimuddin,It’s frustrating when rising property taxes and insurance eat into cash flow, but there are several strategies you can consider to help boost your profitability.
Charlice Arnold
Navigating Your First Fix-and-Flip: Insights and Tips
9 September 2024 | 3 replies
It’s tempting, but not always profitable.Tip: Stick to improvements that will boost value based on the neighborhood, and avoid unnecessary upgrades.Buyer Preferences: Sometimes, the design or finishes you chose don't match what buyers in that market are looking for.
Masyn Grant Barney
Small Multifamily Only Works 1 of 4 Ways Right Now
12 September 2024 | 32 replies
This "forced appreciation" helps boost the property's value, leading to better cash flow or equity you can leverage down the line.
Jonathan Mueller
I bought Schitts Creek.....I bought a motel, now what?!?!
12 September 2024 | 58 replies
I almost forget about this motel sometimes as its our furthest away investment and the manager does an ok job so we don't have to micro manage, although if we paid attention to this place more, it would probably boost our bottom line.
Ricardo Lemus
Low downpayment VS high downpayment
6 September 2024 | 5 replies
The first question is of course, can you get a loan with less than 20% down - but I'll assume you can given that you're exploring both options.I recently read Real Estate by the Numbers by J Scott & Dave Meyer (shameless plug it's available through the BP bookstore here) and in chapter 36 they discuss exactly this - that in some cases using more leverage can actually boost your returns and you should run the numbers both ways to see what makes sense for you.
Kevin Gallagher
Rookie BRRR in Maine
6 September 2024 | 2 replies
@Kevin Gallagherthere are a couple things overlapping herefirst, with a BRRRR, one of the goals is to boost the ARV as much as you can so that you get reimbursed / paid back on the refi.