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30 December 2024 | 4 replies
Grocers must eat the loss of their fresh vegetable or frozen foods during a power outage.
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1 January 2025 | 12 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
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2 January 2025 | 1 reply
After tons of research, we've found that the resources, tools, and ongoing support they provide are truly unmatched.
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10 January 2025 | 16 replies
If you owned a few thousand rental properties, you could argue that owning a private jet is a significant time saving tool and well worth the cost.
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4 January 2025 | 4 replies
Are there any tools or strategies you swear by?
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19 January 2025 | 14 replies
You and the other posters here have been generous in indulging me in this exercise of considering this "partnership" / BRRRR, but demonstrating that we can invest successfully on our own power before seeking out partners is not only my strong preference but just sound business logic.As a new investor my head starts to spin when I start to think about investing, and the many gaps in my knowledge reveal themselves: how to structure a partnership?
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7 January 2025 | 8 replies
Make the most of the excellent tools available on this platform.
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7 January 2025 | 5 replies
Even though the interest rates are high, it’s a great tool for people who don’t have all the cash to do a fix-and-flip.
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5 January 2025 | 4 replies
What tools or strategies are you using to stay ahead of the game?