Good morning BP,I'm currently living in a house hack duplex/ live in flip. I closed on the property 125k in August, put 10k to make my side 90% complete, then put 7k in the other half. I had my old roommates move in t...
I've read in some forum discussions the downfall of multifamily real estate that lacks utility submeters. Obviously it eats away at profits if the landlord is paying for certain utilities. I don't understand why a f...
I heard on a YouTube video that in order for you to move out of your 1st house hack after you've lived in it for a year, you need to have 25% equity in the house for you to move on to another house hack. Is this true?...
Hi all,I've come across a 2 unit fully leased bringing in around $2600/mo (~1300 each unit) and selling for 185K. The majority of the costs are "Condo Fees" which include water sewage heating trash. Electricity is pas...
Does the 50% rule apply to single family homes? If so, what is a good cash flow spread to expect? The property I am looking at will probably yield about $250/month cash flow according to the 50% rule. Is this enough?
I know a lot of you guys are against buying anything with an HOA due to it interfering with cash flow however…In Myrtle Beach SC you can get a nice Condo/Apartment for about 35-50k…My question is, if you pay cash for ...
I am a first-time property owner, and I just purchased a triplex; I kept the original landscaper. He doesn't send out invoices and just gets paid by zelle. How do I write that off at the end of the year, if i have no...
Okay so I have analysis down pretty good but just some aspects are unclear to me about the actual process of how you separate the incoming cash between repairs and cash flow. I'll give a scenario because it's hard to ...
On a recent Bigger Pockets Podcast episode (link above) the guest discussed the idea of investing for equity and not cash flow. Unless I missed it throughout the episode, I do not recall them ever discussing how you c...
View reportHi everyone. I'd greatly appreciate your advice and ideas. I'm wondering what a good purchase price would be on this duplex along w/feedback on my numbers/ideas/red flags/etc. The final numbers don't look g...