I am in the process of choosing my first real estate investment location. I am interested in the BRRRR strategy. I know the data points that I want to gather, but I am having a hard time finding the actual data. I've ...
Hello all,We are considering investing in a vacation rental in the Coachella Valley. Ideally, we'd like to get as much occupancy year around but definitely to get the high rents for the music festivals and other event...
I had always done the 3X the rent rule for what I can afford for a mortgage and for my tenants. For example $2000 x 3 = $6000 (monthly income required to keep housing payments less than 1/3 of income) $6000 x 12 mon...
I'm a wholesaler here in Phx. I'm looking into marketing for multi unit properties; duplex, triplex, quad and up to say 5 units. I've been researching cap rates for the Phoenix area multi units based on a May 2013 na...
What Is ROI in Real Estate?
First and foremost, we would like to focus on the definition of ROI in investing.
Return on investment (ROI) is a type of financial metric—a formula—which acts as a helpful tool for inves...
Hi BP,
Can I get copy of an operating agreement as an example? I’m looking to invest with a friend of mine an we want to set things straight from the get go.
If there are examples on here already. Just direct me to ...
For those of you who have a minimum reserves/unit, do you consider that reserves fund as part of your out of pocket expenses to acquire a rental when calculating your COC return?
It's been a while since I have been on the BP site, but I'm back. I currently buy fixers/dated properties for a flipping company in SoCal and we have been adjusting our numbers due to the recent decrease in buyer acti...
Hi BP community!
Brand new here, been searching for my first property. I’ve been looking at duplexes (or more) to owner occupy. I was pre-approved for 350k conventional or FHA. I’ve been trying to find deals that w...
Everyone has heard something along the line of less than 6 months inventory is a sellers market and more than 6 months is a buyers market. My question is has this changed?
This made sense historically, but as the res...