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16 May 2024 | 17 replies
It took me about three years, after improving the units, raising the rents yearly and reducing my costs, to break even.
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19 May 2024 | 10 replies
An application, approval/denial letter, lease, checklist, termination and security deposit notice, will cost many thousands of dollars from a lawyer if he drafts it from scratch for you and, for example, if he is not located in Cincinnati he probably will not be familiar with the ordinance requiring deposit alternatives or providing tenants copies of the ordinances and statutes the City requires.
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19 May 2024 | 23 replies
Early on, I think people should be more conservative and establish a base (HYSA) and then regular (weekly or monthly) automated investments in low cost index funds.
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15 May 2024 | 7 replies
I think you got a lot of good things going on as you are your own contractor and most likely be able to cut cost in your rehab..I believe your questions is pertaining to how it cashflows and what are some things to look for as you continue to BRRRR..
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16 May 2024 | 7 replies
IRR estimates are extremely sensitive to the exit cap assumptions.
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16 May 2024 | 20 replies
What will it cost to make those income streams happen?
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14 May 2024 | 2 replies
Looking for some advice if this seems normal for closing costs on this piece of Land my wife and I are trying to buy.
18 May 2024 | 1 reply
My guess is the S Corp hasn't been kept current...Get a copy of the Trust/will/ whatever you can.These problems can cost a fortune.
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15 May 2024 | 8 replies
The biggerpockets rental calculator is great, but sometimes the rent estimates are way off.
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18 May 2024 | 18 replies
After renovations, refinancing enables you to pull out equity to cover costs and reinvest.