I'm writing an article about BP for a real publisher. Could some of you, especially new-ish investors, comment on BP? I'm especially interested in a) how BP has helped you, b) how BP is different than the "guru" or ex...
Hi BP. I have been considering getting my RE license but am unsure of the advantages. Any insight?
Thanks.
S.Ellis
I'm a St. Pete based RE agent looking at purchasing rental property in the area. I'm having trouble making the numbers work due to the surge in home values following the pandemic paired with higher interest rates is m...
Hi friends!! I have talked with some local investors who say they do not do condos, only SFHs. When prompted for a reason I only get "it is not in my strategy." Totally understand, it's just that said answer doesn't t...
Hello All,I just signed up for the Tenant Cloud free software. Now I have only been using it for about 3 days but it is great. I am not sure why they are giving it away for free for up to 75 units but I won't look ...
Hey Everyone!I am a new investor with two doors currently, and I wanted to start a discussion on how everyone is collecting application and application fee's. I have found that the canned applications on the website...
The book "Investing in Duplexes, Triplexes, and Quads" by Larry B. Loftis is a great book for beginners. The book seems to lay out a pretty basic plan of investing in rental property while making it easy to understan...
What should I do?
Property 1:
45k duplex purchase price + 3k fix-up
48k total
ARV: 75k
Gross rents: $1,180
Property 2:
62k duplex
FMV: 82k
Gross rents: $1,200
Although on paper I can show seasoned possession of abo...
Hello everyone,I am curious what percentage profit everyone looks at when they are buying a deal.I currently have 5 properties(1.3M equity) that gross $5700 a month then after expenses I’m left with $2636.Is this a go...