David Hanson
How much cash flow and cap rate is enough?
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Ryan Rogers
BRRR Poll Question: With break even cash flow, Yay or Nay?
Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
Robin Searle
Movement to ban STR's
I've been trying to follow what is happening on the STR front nationwide and would love to hear from BP members about what's happening in your particular city/location as far as restrictions? When we bought our prope...
Kurt Granroth
What beats apartment syndication returns for passive income?
Say I am an accredited investor and I want to allocate $500k for a type of investment that should be capital preserving; completely passive; and generates $100k annually in income. In general that's a tough row to ho...
Nikki Closser
HELP US! No rent to be paid for more than 6 months in Seattle!
Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...
Christina Tkacs
Can you truly get ahead by buying turn-key homes
I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
Joshua Dorkin
Bush Changes Mind on Housing Bill: To Become Law This Week
Politico is reporting the AP story:
"President Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9 billion provision, the White House said this ...
Burt L.
Is It Dangerous For a Wholesaler to Have a Realtor's License if Working Directly With Sellers?
I've seen a few different views on this and it remains unclear for me, so I offer my apologies in advance if its repetitive.
The brokerage I spoke with about wholesaling said its alright as a realtor if doing REO's ...
Account Closed
pex plumbing
Just heard about a product called pex. Just wondering if anyone has used this product. From what I have found is that it is cheaper than copper and more expensive than plastic. Let me know the good and bad of this pro...
Kyle Joseph
Short-term Rental / AirBNB - How are you doing?
How are the short-term rental / AirBNB investors faring? At what point in the future are you seeing your bookings start to pick back up? Are locals picking up any of the near-term unmet demand? How are pure vacatio...