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What rule determines if it’s a deal on a rental for you? 1% rule2% ruleCash on cashWhich formula do you use and why?
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $94,000
Cash invested: $5,000
House hacking at its finest! This was my second investment property - a 3 fam...
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Aloha! I am looking for investment opportunities in Salt Lake City or Park City UT. I currently live in Hawaii where I own a multifamily property that I live on, 3 houses that help me pay the mortgage and I have a si...
Does anyone else have outstanding loans from Patch of Land? I have 7 loans that have yet to pay off and Patch of Land stopped sending updates in August and no longer answers questions on their help desk or by phone. ...
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Hello BP,I often hear there are deals everywhere, some even say they got their first deal from a listing off MLS, Zillow etc.. I've been using the BP calculators to analyze deals but a lot of the information being ask...
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Do you carry a Homeowner's Policy, a Landlord Policy, Fire Insurance, or another type of insurance for your rentals? I've heard so many different options I'm not really sure what to ask to be quoted. Also- do you get...
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Purchasing 5 unit for $260K in Chicago on the southside. The building is in great shape, particularly the common areas, basement, boiler, roof, exterior, electrical, and 3 car garage. I was disappointed that the int...
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Hello everyone,I would like to get your input on my first buy and hold.I just purchased my first home and was wondering if you can kinda evaluate my strategy and if I am heading in the right direction. My areas averag...
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Hello all, I am nate and I am new to BP and learning about real estate investing. I have a question regarding on how to pay back OPM when doing a BRRR investment. I understand the refinance part and paying back the or...
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As a new investor one thing I think that will help me that was recently introduced to me by another investor is a spreadsheet that can analyze potential deals for me. For example being able to input different numbers ...