I usually look into small multifamily. I need help analyzing this 8plex built in 1996. Roof looks good vinyl siding looks good. All utilities are separated. Current rent is $650. Market rent is $800. Owner lives far a...
I'm trying to refine my deal analysis skill through trial and error and one problem I'm running into that is effecting my profit is when to decide if I'm going to be paying for water, power, and garbage? The real esta...
Hello all!Newbie here, though have been reading BP forums and blogs, and making connections for a while now. Question for those in the BRRRR game:How long does it take you to go from B to the final R? Not including th...
I noticed that my pre approval has a price on it and I am getting one for each house I put an offer on. This slows me down because I have to rely on the loan broker to type these up for me as I find each deal. I am co...
What are best practices you recommend for someone starting with their first rental property? Should the tenant payments and mortgage payments be run through a separate bank account than my primary personal account? Ho...
We get asked this question a lot. Here are some things to consider. Define Your Budget: Determine your overall budget for the project. Consider factors such as the scope of work, materials, labor, permits, and contin...
I've got a problem that I'm sure many other people have faced, but I'm running into dead ends left and right.We owner occupy a duplex in a very high cost area, and are trying to move to North Carolina. We'd like to bu...
I know many of you are very active on social media, and post to several different sites, blog, etc. Maybe you can share your successes with us. 1. Which sites do you post to for your business? How often? 2. Do you us...
I just bought my first primary residence househack back in May, and would like to get ready to buy another in a year. The question I have is, what kinds of things should I do differently to prepare to buy a second pri...
Hi All - so my wife and I own a vacation rental property on the beach that is 100% self-sufficient and pays for itself out of it's own bank account (that I opened just for that property and any other we acquire). We ...