Good Morning BP folks, I have a SFR (3bd/1bath) under contract that has heavy smoke damage. The unit would require extensive work to remove the stains/stench as well as make needed rehab updates. I am thinking abou...
Hi All, Want to run through some basic numbers with more experienced people here, see if all is right. Generally i read the 1% rule, renting out something for more than 1% purchase price. 6+% cap rate is good etc. I a...
Hi Everyone,I hope everyone is doing well. I have two questions that I am hoping someone could shine some light on. First, I want to start house flipping in CA full-time and I am interested in the best possible way to...
Just got a flyer for my duplex in Hallandale, FL stating next year the utility accounts - water, sewer, sanitation must be in the name of the owner on record, and not the tenants.Owner will get a bill, and be responsi...
Short-term rentals can be a great investment, but only if you invest in markets with high restrictions. Choosing markets that have tight regulations on short-term rentals would mean that there is a higher demand for t...
Backstory: My wife and I are looking for ideas on where to purchase, and could use some assistance in terms of a long term investment (with the possibility of renting the unit instead). Our budget, 450k, wouldn’t effe...
Hi All,
I recently bought an older four family (in December 2018) built in 1897 and inherited all the tenants. Each unit is 3 bedrooms one bath and three people in each. One unit recently had one roommate move out ...
I am currently in college and I have parents and grandparents that may or may not want (they are "iffy") to invest in real estate and of course they are not wanting to take the time to go out and look for an amazing d...
Hi,Wanted some guidance on where to start. I'm looking to make a purchase of a portfolio of homes (15+) in a different state, but would like to do so under an LLC / Small Business with limited $ down. What are the bes...
Hello!In 2017 I took the leap and now have a live in flip (will wrap up in March), a triplex, and an air bnb (transition to regular rental in 2018). I'm ready to hand in my Newbie badge and do more deals.BP has lots o...