I recently joined BP after having been enjoying the benefits of great information and discussion across the site. My background is in retail banking and I've since moved to a management role at a fintech firm but I'm...
After being on BP coming on my 3rd year now.. one of the frequent repeat questions is from those wanting to get started in cash flow rentals but have limited cash but great W 2 and Credit.Let me take you back to pre 0...
Hey everyone,My wife and I are working out the budget on our first rehab and are taken aback by the paint quotes. Everywhere we read says we should be paying a max of $2 per square foot for interior and around $1.5 fo...
Countless times, I've heard the question asked "How much do I need in reserves?" While the answer tends to vary based on the investors' risk tolerance, I thought I would share my experience. As a background, I live in...
I realize this question is going to be unheard of by some, but would you consider renting a short term rental without TVs?We have a three bedroom two bath Lakehouse, that we are considering keeping for personal use. W...
My real estate agent has sent me several duplex listings in Killeen varying from 30-85K. I don't have much for a down payment which makes these well within my reach. I only wonder if Killeen is a good place to start. ...
Any advice out there on the best way to pull away from the full time job and make landlording the main gig. special formulas , cash flow, separate income accounts. My biggest concern is that once I leave my full tim...
working on the latest house (buy and hold) and my main contractor is not living up to my expectations. I have used him before a few times and did not have a problem. In the past, he'd quote something and i had him do ...
I hope I'm doing this correctly. Thank you in advance.
3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235
Using the 2% rule, I would need ...
HiI am a newbie investor. I am interested in investing out of state as I live in California and our tenants rights are awful here. It is so difficult to get rid of bad tenants....plus the ROI here is not great. I a...