You can look back at our 2021 Year-end Wrap-up Post for further perspective.Economy- my perspective right or wrong throughout 2022. This is the basis for some of our business decisions. Basically, put our money wher...
There are little or no rents being collected, so factoring in the costs makes for negative cash flow.
I've been trying to analyze mobile home parks. I'm not sure about how to consider a park with a large amount of vacant park owned homes. I realize it would depend on the condition of the homes and vacant homes would p...
Hey BP members, I'd appreciate your feedback and insight based on your personal experience working as a real estate agent. I'm at a crossroads in my young real estate career...I'm trying to decide if I should follow t...
Evening BP,I've recently been learning/researching about self-storage and came across a 31-unit storage facility in a suburb of my hometown that I can secure for 215kish (pending contingencies/financials of course). T...
Hi there, I'm looking to buy a home in Sayulita (a neighboring town of Puerto Vallarta). Goal would be a small unit, close to the beach, where I can live a few months and rent out the rest. Prefer something close to t...
Listening to experts talk about commercial real estate leases is like listening to someone speaking in code. You understand the individual words, but the terms have some special meaning that is impossible to decipher,...
My name is Kevin Myhre. I am a builder from Long Island, New York. After joining My Boys Contracting, the family business, with my brother and father I knew building was my calling. Watching my father build spec ho...
Hi everyone! I'm finally about to get started and decided to go the "build to rent" route. That said, the GC I am looking to use has told me it would cost me more to build a duplex vs two sfh's (same sqft) r/t firewal...
Hi all -I recently hired a bookkeeper to setup Quickbooks for me for my rental business. She entered 8 months of transactions for me and told me that for mortgage payments, she created a category of "Unallocated mort...