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Don't over-improve rental property. To keep your cash flow at optimal levels, don't spend too much on upgrades for a rental property that will likely need maintenance and repairs during turnovers anyway.
Please respond with your opinion if this is a favorable partnership?I pay for the marketing to find and lock up the deal. We use my partner's money to buy the property. We use his money to finish the rehab. I manag...
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New to the business, I have read that you have to place a lot of bids in order to snag a good deal. On average, how many bids did you place when you first got started in order to get one accepted... and has that numb...
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Hey guys,I tried to look around but didn't find an answer to my question, so here it is..When analyzing a SFR in Houston (Texas), how much should I expect the following utilities to cost per month?-Water-Sewage-Garbag...
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We are new to the private lender concept. If you are getting a loan from hard money. The loan is set up on a 1year term. When is first payment due? Would we have to make largest payments while in rehab before selling?
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Hello BP community (especially mortgage folks),I recently ran into an issue when having my credit pulled by a mortgage broker. I’m seeing different credit scores on my monitoring services that the score the broker pul...
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Not real experienced when looking at multi's so this is new ground. So I've been looking through the rent rolls on several properties all in the same town and not too far apart. They are all similar in size and buil...
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Hello Houston BP Community,My partner and I are looking to get into the RE investment market in Houston. We are looking to start acquiring properties using the BRRRR method, if available, from SFR and up to a fourplex...
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Trying to get some insight on my first rental.I am under contract on my first rental. The property is a SFH located in Lebanon, Tennessee just east of Nashville.After the rehab of the property I would like to advertis...
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How much does it cost to scrape a property and rebuild? What would someone pay for a property if they plan on building a new home? Do you just pull comps for the properties that you want to build? In short how do y...