Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
Just interested in who your local lender is because I'd like to do a line of credit on 2 SFRs that I recently bought with cash, but I know that only some lenders will do that...
Jonathan Abrado
Pace Morby Gator Method Course Review
7 January 2025 | 150 replies
Quote from @Jonathan Abrado: Hi BP community,I recently saw a Pace Morby ad for something he calls the gator method.
Dean Malka
Rehab costs estimations
18 December 2024 | 11 replies
Here are the quotes I got recently for my duplex.It is s gutted and the floors are level.Top studio is 317 sq ft.Street level is 888 sq ft.$75-84k for construction$15k electrical$27k electrical$12.5k plumbing$33k plumbing$19k mini splits What am I doing wrong?
Richard Schubert
Stabilizing a “C” neighborhood SFR: Curious how long for others.
16 December 2024 | 4 replies
Another house I recently purchased for cash is doing the same thing.
Jack Cottrell
Help me adjust my expectations - first deal pending
23 January 2025 | 35 replies
I've been mulling it over and trying to articulate to myself what I'm really looking for and I guess what I've most recently settled on is if a deal works that will give me better total return for the money and the time, then I'll call it a good deal.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
I've recently converted one of our SFH LTR to MTR.
Heather McNicol
BNB Investor Academy - Reviews?
31 December 2024 | 76 replies
I even had one slick guru recently try to sell me on creating my own course if I joined his program for $10,000 and they’d walk me through the steps of creating it and help me market it on doing LTR, and BRRRR and when I objected and said I’ve only currently got 7 buildings now with 25 units and have sold 7 over the course of years I’ve been doing it he said we’d focus on the deals I’ve been doing where I’m getting ARVs of $200,000-400,000 and not my actual numbers of properties owned.
Eddie Espinal
Has any body here used PadSplit for their rental properties?
14 December 2024 | 22 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
Kyle Kline
How do you fund property repairs/expenses if you are “investing for equity”?
13 December 2024 | 35 replies
Quote from @Kyle Kline: Quote from @Paul Cijunelis: Quote from @Kyle Kline: On a recent Bigger Pockets Podcast episode [...]
Spencer Manning
Section 8 (HCV): Do government funds ever run out? And other questions.
13 December 2024 | 5 replies
I talked to a woman on the voucher waiting list recently about her experience with the process and she said most people that get approved for vouchers never move from that area, so the local PHA ends up closing their HCV programs because there aren't any more HCV qualified homes in that area.