Every business needs to watch the "Numbers". I'm not talking about the Profit and Loss statement (although very important), I'm talking about your Closing Ratios. Wholesalers, please comment with your ratios for th...
Folks - I am running some numbers on listings and have the following question regarding cash flow versus cash on cash. Brandon advises a rule of thumb of $150/unit. I have also seen him advocate something greater than...
Hello All!
I just joined BP yesterday and I plan to buy my first rental property within the next 6 months. Quick question, should I get my RE license? I don't want to be an agent but I just think it couldn't...
Hi - I own a house in Oakland. I paid $339K. It's now valued between $750K - $850K and generates $5,700/month in rental income (pre-tax). I have a mortgage of approx. $195K. I've lived in the house 2 of last 5 years, ...
We have several consistent marketing systems set up, but we see the effectiveness cycles through them. Craigslist, Networking, Direct Mail, and Cold Calling. I'm always surprised when one seems to dry up, while anothe...
I am planning a marketing campaign and am wondering how often do you send to your list? Say I have a list of 1,000. Should I mail them weekly, bi-weekly, monthly? For how long -2, 3, 6 months? Also, when doing so, d...
I've recently moved back down to south Florida in order to resume my job as an estate caretaker in Boca Raton and to begin investing in rental properties in Palm Beach County. The job and the potential it holds for in...
The time is right for me. I am a budding RE investor who is researching the wide variety of options for investing, and starting to network. I left a career as a Physical Therapist in Canada to relocate to the US wit...
I want to become an investor(all types). Current barriers- no cash and credit is in the 500’s. Currently in the Memphis area. Aside from hard money loans, I am at a loss where to start. Seasoned, in between, and newbi...