Bear with me. These things are always a bit complicated. Our rental is a triplex in California. We had a new tenant move into the middle unit about a month ago. Tenants on either side have lived there for 7+ years. Te...
If you had a million dollars and it was the only million you had sitting in a money market account drawing less than 1% per year how would you invest it?
I know that many may not agree or may even be offended by the idea that if you don’t have 20k you shouldn’t invest in real estate, however, It’s true. If you’re an adult and you have no money saved up, then before you...
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
How many people are financially free on here? For those of you who are, do you still work or are you "retired" and living off the cash flow? If you are financially free, which method did you use to acquire it? (ie buy...
Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
Hello BP members!!
QUESTION: What is stopping you from investing in multifamily properties? What questions and/or concerns do you have about multifamily investing?
I joined BP about 3 weeks ago and have been blown a...
Here we are finally done with my first rehab. I started back around the middle of August and 3 months and one massive act of vandalism later we are at the finish line! Please feel free to ask questions and make c...