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Many new investors think real estate provides passive income. They follow the BRRRR strategy and think after I get to 10, 20, or maybe 50 houses, then I can sit back and just cash the rent checks every month… I’ll be ...
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Im currently in the refinance of a Brrrr! (woop woop!) Looking at the numbers (using the BP calculator duhh) I will have $19.91 of cash flow after all the boxes have been checked, PM, maintenance, cap ex. ect. I need...
Hello everyone. I have been listening to BP posdcasts every minute I get. As I said above, I have been approached by a couple to buy their property in the same neighborhood that I live in. I have researched the houses...
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I had coffee recently with a retired real estate investor of 40 years. We talked about real estate cycles, flipping properties, the meltdown of 2008, and other things. He started telling me about some of his rehab hou...
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I am buying a multi family home I am telling the bank it's going to be my primary residence but I am most likely going to be renting it out ... Is that okay to do ?
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Hello BP!
I graduated college in May and currently hold a sales position. I have held this job for 5 months, and make $650 per week before taxes as a base pay. The bank I applied to said that they cannot count my com...
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Hi there, I'm wondering if anyone has some input on how you manage deadlines/construction delays when working with a GC or even direct with subs to rehab a property. I'm living in the Denver area and as we enter the w...
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Hi Everyone,I'm new to Austin and would like some general advice on how to get started with house flipping? I went on RedFin and saw that there are very limited "fixer-uppers" and the ones that are available are very ...
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Hello all, I was recently presented an opportunity to purchase 5 acres for below market value. I intend to sign the contract on it in a couple of days. My mind has been reeling with the choices of what to do with it. ...
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*This link comes directly from our calculators, based on information input by the member who posted.Hello all, I've been running reports for a bit now and I'd love some feedback on this o...