Robert Burns
How important is it to collect Application Fees from prospective Tenant Buyers?
I have not been collecting application fees from prospective tenant buyers and was wondering what the general pros and cons are for this practice. I would think it would "weed" out the tire kickers quickly but wou...
Leon Lee
When to start posting and having open house for rental properties
Hi, BPersI have my current tenants move out from a 3be/1ba SFH July 23rd. When do you guys think it is the best time to post ads for new tenants and arrange open houses? The reason I asked is that I do not want to sta...
Kate Cavanaugh
Is the 1% rule that important?
I’m currently in the market to purchase my first property with the intention to homestead, live there for a year, and then rent. I am having a hard time being able to follow the 1% rule! The rule says the gross rent o...
Jason Rostar
Investing 100k in rentals for cash flow
Hey everyone! First post here :) I wanted to get some opinions on how/where you would invest 100k to produce monthly cash flow. How much cash flow do you think you could get? Would you buy one multi-family rental or a...
Steven L.
Beginner help: Owner-occupied convert to Rental
Howdy BP Community,I am fairly new to BP, so sorry if this is a basic question.I recently listened to BP podcast episode 336 interview with @Robert Jones, and fell in love with his BRRRR-like strategy of taking an own...
Davit Gharibyan
Multifamily Property Valuation Calculation
Hi can someone help me with valuing a property. I use actual income. Would you use actual vacancy as well? The deals I am looking at have low vacancy. If I buy the property and increase the rents the vacancy would go ...
Leigh C
I'm Dyslexic and It's the reason I've been successful who else?
My son in elementary school is currently dealing with dyslexia that he inherited from me. So lately I've been a little more sensitive to the topic. I suppose most see this as a curse and I've continued to ponder the t...
Justin Mendoza
Best house hacking method in FL?
Hello BP community, I am 24years old and currently live in brevard county (Melbourne,FL).I am just starting out on my investing journey and plan to house hack for my first deal. I’ve been practicing analyzing multifam...
Lucas Duncan
Seller financing: should i use an agent
Hi i am looking to purchase an investment property in the next few months using seller financing somehow so i dont have to go thru the bank as i would be denied right now for a loan. i am wondering if i should use an ...
Cesar Ramirez
How to avoid capital gains taxes on 150k
Besides the 1031 exchange what else is recommended. If I plan to re invest some of the money.