Shawn M.
DEBATE: Cash Flow vs Cash on Cash return
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Mark R
Anonymous Landlording
In the past my tenants knew us as the landlords and owners. They'd call us if they had problems and issues. In the future we are going to take the advise of others and stay anonymous as much as we can.
Do you guys w...
Anna Z.
What Are Turnkey Properties
Hello guys,
I'm new to BP and real estate. I've seen people bring up "turnkey" properties a lot. So what exactly is turnkey properties and how do you find them? If there are anyone that have purchases a turnkey prope...
Joaquin Camarasa
What are your craziest tenant stories?
I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
Account Closed
What is the cap rate in your city?
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
Christopher Smith
California Draconian Rent Control and Property Tax Inc Nov Ballot
In addition to an irresponsible Draconian Rent Control measure, California will also be voting on an equally irresponsible Confiscatory Property Tax increase in November.Props 21 and 15 respectively, will combine to t...
Amy T.
Tenant wants us to pay moving truck and babysitter fees
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...
Account Closed
Do you see anything potentially wrong with this plan for residential new construction?
I am building a house...https://www.dropbox.com/s/2ta56u5d2esz6h9/house.JP...... that will cost about $73,000 to build, mostly because I'm doing a lot of the labor myself.Based on current market data, I think I can se...
Jonathan Arehart
Turnkey Real Estate: Negative Memphis Invest Review (LONG)
TLDR: Over the course of a 3-year relationship with Memphis Invest, I had multiple negative interactions and moved my portfolio to a different PM.
I am in the Air Force and move every 2-3 years. I’ve always been inte...
Andrey Y.
Mortgage rates skyrocketing !
Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...