Looking forward to connecting more on the BP platform!

Investment worth 70KBigger Pockets and other platforms make people feel like they need to take out countless loans.

Yes, I will be purchasing more rentals, taking advantage of how popular short term rentals are here in Fort Lauderdale at the moment! 

Now the place is payed off (I know, not popular) but it is cash flowing well.

If you see SCAMs on Meetup.com please follow  Meetup.com’s recommended actions as well as emailing them at “abuse at meetup dot com” with details.“...Please know this is not how our platform was intended to be used and is considered a violation of our Terms of Service. 

-Insurance: $81 (just an estimate from realtor.com, using as a basis while I shop around) -5% vacancy: $116.25-Repairs: $50-CapEx: $50Total Expenses: $2,312.25Income:-Average rent of $775/room (very large master suite on third floor, two mid-sized rooms on second level, so alot of wiggle room to get this average at the bare minimum)Total Income: $2,325.00Monthly Cashflow: +$12.75The $775 average per room is on the higher side of average for 4BR rentals in the area, but the condition of the house is superb and it's in great location, right by a popular park and close to the exit onto the interstate, so I'm confident I can get it.

That also reduces interest in the house.Make sure that the auction is NOT advertised for a popular, everyone will show up time like 10 am Saturday. 

We have a group of investors wants to invest in multiple Single Family Houses across US.We would like to setup a platform or structure to invest in different single family homes.Can we setup a LLC and then invest or set up a fund.We are based in CA but wants to invest properties in TX,WA.

Any recommendation for software or website to look up commercial lease comps besides loopnet? 

Hi @Kyle Bishop,Not only do you need to get familiar with underwriting, you need to start building a capital raising platform.