I have a question re: BRRR.When you borrow money from your property to buy another, it seems that you depend on the rental income to make the payment for you. Thus, you will have to pay the expense if you are vacant. ...
Have you considered building new to keep up with demand in your market?Consider Modular for Speed, Cost SavingsColumnist Lew Sichelman explores why modular construction can be a successful solution for multifamily dev...
Looking for a common sense check.. Just completed my first flip, looking to use profits towards my first rental. Been researching and learning anything and everything REI related for about a year now and feeling good....
I have tenants who are nearing the end of their 6-month lease which expires July 31.They are smoking in my rental in violation of the lease agreement.They are also paying $1625 for my 2/1 SFH which is at the top end o...
I've created a daily schedule and habit tracker that fully aligns my daily habits and tasks with my longer term goals. I'm able to start with my annual goals and break them down quarterly, then into monthly and weekly...
Hello BP! If I end up purchasing this house, this will be my first investment property! I would like the experts to give their thoughts on this deal. SFH, 3/2, single story, built in 1982. This will be a buy and h...
I am new and have only just begun my research and looking for deals. My issue is that the average SFH is $650000+ and duplexes can be $700000+. If we typically want to shoot to have rent be 1% of the mortgage, how am ...
Good afternoon,
I am an aspiring wholesaler with goals of being an eventual buy/flip and buy/hold investor. My business has been on hold for a little bit until I finish my Master's degree in May of this y...
I would like to know what your best practices are for managing a C Class property? Also, any warning signs to look out for?
When rehabbing a property, at what point do the expenses become tax deduction? I realize that it will raise your basis, which will effectively reduce your tax burden when you sell.
Here...