I am commited to buying a Short Term Rental, I have done my research and am ready! The only question/concern I have comes down to the market. I want to purchase a cabin in The Smoky Mountains, TN. The only concern I h...
Hi BP fam!My name is Justice and I live in the Pittsburgh area. My W-2 is traffic engineering, but I am super hype to get into real estate on the side as I pursue financial freedom! I plan to start house hacking withi...
Hey all BP members!Im really looking forward to get into investing. The issue I have is that I have some credit card debt thats holding me back making it very hard to save for capital for a down payment. Im a general ...
I recently finished reading Ken McElroy’s The ABC’s of Real Estate Investing and have decided that my next investment purchase will be a commercial property specifically a 5-20 unit multifamily. Initially I considered...
As the title states, my primary home and 1st ever purchase is now a STR and has done well since January. I bought in 2014 and made many improvements, Since I'm located close to a beach I decided to rent it out for hig...
Hello, I'm wondering if anyone has or thinks they know of the best strategy to personal wealth. I've done a few residential deals including rehabs, and wholesaling and it seems like there's a lot of work with small p...
Texas Investors, I have a question. On your rental property, is the 50% rule accurate?
I currently own a townhouse where my mortgage plus HOA is $1,665. Rentometer says my place would rent for $1,908, Zillow says $2,300 which seems way too high, then Zillow rental comps are around $2,000-2,100. 2 bed,...
Newbie here. To investors of buy-and-hold multi-family and small apartments: Do you use any financial criteria, or rule of thumb, to filter out properties for more thorough consideration? In the Ultimate Beginner’s Gu...
5 UNIT
700K PURCHASE PRICE
RENT 67,500
EXPENSES
TAXES 16,500
UTILITIES 3,500
INSURANCE 3,250
HOW MUCH should i allow for cap ex, repairs, vacancy
thanks JJ