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I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc. We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo. So far we have had 3 tenants...
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My wife and I just finished our first flip. We put the house on the market about a month ago and have had almost zero traffic (two showings). Empirically, I know this means it's overpriced, despite an initial listing ...
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I've been working with an agent for a few months now to buy my first STR property in the North Georgia mountains, but it feels like I'm doing all the work. She has me on an email drip but the criteria stinks and I can...
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Although I'm not a big fan of using the Capitalization (Cap) Rate to analyze a property, it is a number used by many investors as a quick one-dimensional metric. It is also one that is more commonly used in the comme...
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We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
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So I thought it would be cool to document my goal of buying 150 flip houses this and documenting my progress here for the BP community.
My reason for doing this is to help educate and encourage others, k...
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The next few weeks look a little crazy, with 7 closings, mostly on the sell side. I need to plan and start another buying campaign. Also need a shovel ready deal in Austin, ASAP, to keep the crew busy. Looking hard...
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Last January my husband and I started out as full time Realtors. Right off the bat we got 2 listings so he quit his day job and we hit the ground running. Since then we’ve had only a couple more closings from buyer tr...
When people think about starting an Airbnb business one of the first excuses that comes to mind is not having enough capital to buy one or multiple properties. I'm writing this post to dispel the belief that you need ...