Paul Haney
is there a mismatch between housing market prices and STR income?
I'm making offers on homes near a resort, where a large fraction of homes serve as STRs. As I crunch the numbers for how much net income can be expected from STRs there, it seems that the housing market prices do not...
Awet Hagos
My 10% Rule: Quick Cashflow Analysis
I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
Matt Heidenfelder
Converting Primary Bedroom into a unit
Has anyone had success in converting the primary bedroom and bathroom suite into its own unit and requiring tenant to access unit through a private entrance (backyard or side yard entrance to bedroom)? Considering thi...
Michael Seutin
CASH FLOW question
I bought 3 ppties so far. I am learning and improving eacth time. But I didn't do so good at first. Here is a recap using the 50% expense rule that I believe in cos it is proven in my ppties.
1st Ppty: SFH bought in...
Jack Henry
So what all really goes into rehabbing a water damaged house???
Hi All - So I have two rental houses in Houston. My property manager called yesterday and told me that two of my houses were under water. One had about 18" of water in it and the other had 48" in it. My insurance agen...
Doug Simpson
Flip Analysis
Hello all, I've currently analyzed a fix and flip, and am working on getting hard money to move forward with, but I would appreciate your thoughts on the deal.It's a SFR, ranch, ~900 ft^2, 2 bd/1 ba, with an unfinishe...
N/A N/A
title search question
When purchasing a foreclosure at the auction how do you guys perform the title search? Do you hire a title company or do it yourself? I'm not educated enough to perform the search myself.
I feel that if I hire a ...
Aron Ost
BRRRR in Tampa Florida
Hi BP Family, I'm newbie to BRRRR and out of state investing. Based on what I heard in podcasts and on this forum, I have an interest in Tampa, FL because of it's strong cash flow and potential for growth.I have appro...
Account Closed
Receiving calls after first direct mail campaign -- No idea what to say or how to qualify leads
Hi everyone,I just sent out my first direct mail campaign last week, and I've started to receive phone calls. I'm using a questionnaire I downloaded from the resources page as a script to help guide the conversation ...
Mike Butler
Landlord Email to Residents EXTREME COLD WEATHER ACTION
Attention Landlords and Property Managers
In my neck of the woods, we are having record setting extreme cold temperature that seem to keep lingering on and on. In the past, we are use to having a spike for ...