Just want to check how you all do with 3x rule where rents are high.
for eg if rent is 2100 3x is 6300. Do you bend a little to take 2.5X?

Hi BP Community! Had a couple questions related to a four unit multifamily in Kingman Park (all two beds, 1 Bath) that I’m closing on in December ‘22. It’s walking distance to many things including a metro (Stadium Ar...

I have a 10 unit under contract. It is in a decent area with decent school district. It is in a two acre lot.Property details 3 two bedrooms3 studios (very small) 4 1 bedrooms 10 feet deeded lake access. it is not be...

just wondering with these basic P&L numbers, what would be a good offering price?using their initial number, i believe  it puts the deal at  about a 6.7 cap24 units, 12 1/1, 12 2/2gross rents  297k other income ~1...

Hi everyone!My husband @Kevin Kovalsky and I have been in the process of setting up a business structure for our rental properties where each property is in its own LLC and then all the individual building LLC's are o...

What's up BP community I had a question for anyone that has investments in the area of Akron Oh. I recently started looking back to this city as a place to start investing after reading the most current market analysi...

How can I correct cashflow issues if I have 3 properties? 2 are not cashflowing with the required expenses for vacancy at 10%, repairs at 10% and capital expenditures at 5%. Although I have 2 steady tenants in the pro...

Hi everyone! Looking for advice on how to save on taxes. Thanks for your help!!

Situation: Purchased a piece of land in NY this year with 3 people (Dad, Uncle, and I). We paid for the property by taking a HELOC on ...

Ive been using QBO for 8 years and it has been O.K. at best. I have a decent size RE portfolio, and use professional property management. I don't need a property management based software.  I know how to use the basic...

Hi Everyone, brand new here and just made my first big purchase in a pretty expensive area (stable/growing property values, also a desirable seasonal vacation rental town). Last week I closed on a completely gutted an...