Marc C.
Paying Property Manager from NOI, instead of gross...
Has anyone ever had a property manager accept a percentage of the NET vs. the gross? In that way, they are encouraged to keep expenses under control...something they usually have a problem with. (My current manager is...
Jamin Olds
What would be your top dollar offer for the following property?
Hey BP - Looking for some advice on what would be your max offer for the following property. Here is the basic numbers: Asking Price $85,0003 Unit: Unit 1: 2 Bed 1 Bath Unit 2 & 3 1 Bed 1 BathUnit 1 Rent: $600...
Kevin Barnard
Kevin's new to BP from Los Angeles
Hey there BP, I'm brand new to site . Looking to learn and network all I can . So some basic bullet points about me ... 34 years old , sole provider for my family which consist of my wife and out son ( 17 months old )...
Leslie C.
How to payoff 403b loan in order to roll into self dir IRA
Hi there - newbie here. I have a 403B from a company where I used to work. I took out a loan to pay for monthly living expenses and I still owe about $8,500. I would like to roll this 403B into a self-directed IRA, bu...
BOB CRANEY
Is Multi unit pricing to high?
I have been researching recent sales in the Baltimore area for Multi unit apartments from 20-200 units and it seems the per unit pricing is to really high compared to the rent. With properties built in the 1960-1970 t...
Ryan Guffey
How do you separate income and save for expenses?
How do you separate income and save for expenses? If everything lines up and its a good property what do you do to set money aside, hypothetically if your income was 1000 and you set aside 100 each for 10% for Mainten...
Lane Pate
2 four plex apartment deal
Hey BP community.
I have a deal I'm trying to decide on.
2 four plex units for 340k In Georgia. Gross rent is $3940.00 / month. Further analysis factoring in expenses and debt service show this property would perfor...
Eric Reichelt
Break even cash flow, why or why not?
I've brought this topic up elsewhere, but would love to hear more input from seasoned but and hold investors. Let's assume only the givens to making money exist on these, meaning no appreciation or rental increase....
Eugene White
How do you manage your personal finical bank accounts.
I have one property that I'm using the BRRRR Method on and as i am getting closer to renting it out. I'm little confused on how to manage my finical accounts as i scale up. Do i have a separate account for each home o...
Brandon Schlichter
Rental property CASHflow.......
Hi there, I've posted a few messages in the past, and wanted your opinnion.
I've talked to plenty of landlords in my local marketplace, and it seems that the majority of the landlords have the SAME mindset.
Most lan...