My wife and I are looking into shopping for a rental property. However, our AGI is above $150,000 a year, and neither one of us is a real estate professional.
Because of that, it looks like I would not be able to ded...
Hello BP community. I just wanted to get your opinion/ advise on my current situation. This week I will be closing on my first investment property. Its a three unit in Sacramento. I will be living in the front unit a...
I'm thinking of trying my hand at vacation rentals but I don't know how to even begin calculating for cash flow, ROI, etc. How to know if the home will be a good deal. I've done it many times for SFH and MFH but nev...
What's going on everyone! I have something big going on and I would like some feedback. What stuff do you put into your underwriting to assure yourself that it's a good deal and it's going to cash flow properly?
Th...
Purchased a 2BR, 1 bath house in a blue collar neighborhood. Other similar houses in range of 70-90,000. House is just under 1000sqft. The seller had planned to flip it. He had gutted it to the studs, re-roof...
Hello all, So some of you may or may not be aware of the practice of buying second hand Lowe's/HD gift cards online in return for a little discount. It was something I started to do every now and again. Didn't see muc...
Came across a property with some good numbers on paper that seemed like a good flip to invest in. I remodeled an older property for a rental and got the basic understanding of construction work. This property I came a...
I've got a great general contractor. In the past 8 months he's worked at 3 of my properties. The first doing odds and ends getting it ready to be sold, maybe about $3000 worth. Then he did a major renovation to the se...
So I’m coming to a close on my first single family flip and let’s just say the experience with the contractor has been less than what I had hoped for. Now he is expecting a payment of somewhere between $3500-4500 ( he...
On your short term rentals how much of that rent do you actually put in your pocket? I understand some of the things you have to pay for such as utilities, WiFi, furniture. But what are some of the other costs associa...