Hello BPers!I was initially hesitant to post this as I was contemplating whether this is a success story yet, but I'll let the BP world to decide. I'm sure everyone has a story on how they came across BP and here's mi...
Hi all,Has anyone here ran a calculation of your return on equity? To do so, you take the current cash flow and you divide that by equity you have in your RE. So your personal home has little to no ROE. Right? It i...
I have been on the lookout for a vacation rental management company to purchase for a few months now. I have been looking at listings on bizquest and bizbuysell, but have not found any that are super interesting yet.O...
Hi everyone,When first starting out, what did you do to keep track of your expenses, revenues, receipts, quotes, numbers, numbers, money, money, etc...? What software or programs helped you the best? Also, what were s...
Hello,
I’m a newbie Pro member that I would self-describe as a “Bob”, meaning I have a great job, great income and great credit (as does my husband). We also have good discretionary income and a lot of equity in our p...
I own four rental properties in FL, managed remotely by a management company. All of them were bought in cash. Total worth is around $850k - $900k. My original goal was to generate enough cash flow so I can buy a hous...
Hello,My partners and I are having a disagreement about if we should hire a property management firm for our portfolio. We have a goal in mind of a hundred units or so. My thought process that while hiring a manager...
Since there are few threads requesting for roofstock experience, decided to share my not-so-good experience with them. Disclaimer: I might still work with them in the future, but definitely will not be my first or sec...
I have not outsourced my property management, but in listening to the experiences of others, I know of very few very few investors who are satisfied with the quality and value they are receiving.
On the other hand, m...
Hello everyone, I am looking rigorously to purchase my first investment property. I am leaning towards the direction of Section 8, due to low barrier to entry and guaranteed monthly payments. I understand the risks an...