Hi BPF! I've heard that my first rental property should be close to home so it's easier to manage. Ideally I would like a duplex where I could live in one part and rent out the other part for my 1st rental. That is n...
I am working to purchase a small multifamily in the Rogue Valley of Southern Oregon. I looked at a property with rents that were way under market (50%). My realtor said that there might be temporary rent control in pl...
Hey Everyone! This isn't really what I was expecting to be my first post, but I am struggling with getting consistent numbers for properties I am trying to analyze in different areas of Columbus. I understand that exp...
As everyone knows the cost of rehabbing a property continues to rise, lumber being the biggest factor in that. In the south philly market your typical full gut used to run roughly 80k for a standard 1000 sqft row. Wit...
i am looking to purchase a house. I am trying to find out what the debt to income ratio is so we can get things inline.
So I have a Deal under Contract and need some advice of where I can find funding for it since my business partner and I haven't got a flip under our belt yet so hard money is kinda off the table. We have a LLC and He...
I currently have 1 investment property. My father is my partner in all deals (we go in 50/50). He insists, since I do not have a primary home, that I do not take many loans. So we have been trying to maximize properti...
Hello! In your opinion what makes a property manager phenomenal? Specifically what would the perfect property manager look like for you? Because most management companies I deal with aren’t great.
hi there,
Brand new to BP, and looking to invest in my first rental property, ideally a small multi-family. I am looking out of state, since I live in Los Angeles, and certainly can't afford to invest where I live (...
We've probably heard of the 1% and 2% rules. What general eyes tests do others use.
I live in northern NJ. I have 2 initial tests.
1. I ideally value a property at 8 x annual rent. I don't factor in rent increase...