I have been researching and looking, and am finally feeling comfortable enough to pull the trigger on some properties. I have about 200K in wealth to my name. How much would you suggest investing in my first 2 units? ...
Hello BP,We are getting ready to begin our first rehab. It will be quite extensive (for us) as the property is in need of major renovation. We are wondering what is the recommended payment method when dealing with a...
Hi Everyone, On the hunt for my third property, I've been running dozens of properties through our beloved BP calculator. What I've been wondering is, why would CapEx be seen as a percentage of any given rent? Whether...
Hello BP community! I'm new to the family and I have been analyzing a deal on the calculators this evening. I've been unable to get my cash on cash ROI to a place I would like it to be. Does anyone have a suggestion o...
Quick question on purchasing a part of a property.- We have a property owned by 3 partners, with NO debt, property value 3M- one of the partners wants to sell his 33% for 1M- I want to buy his part in the price of 1M-...
I'm a licensed contractor and just sold my second flip. I cleared $10k on my first one.We ended up clearing $30k on the second one.The last flip was very stressful for my wife and she wants to keep our finances (HELOC...
I realize this number will depend on your personal financial and life situation, but what percentage of your overall investment portfolio should be allocated to investment real estate? What is considered a conservativ...
Hello all, if a city has an 65% own rate to 35% rent rate should I not buy in that city if I’m looking to buy and hold? I only ask because some of the 65% could be other investors.
I am in the process of forming a LLC with a minority partner. we would like increase his percentage over time, based on a current valuation. my question/problem is that I would rather increase the capitalization of th...
I know that everyone’s circumstances will vary based on age, risk tolerance and other factors but in general, What is a reasonable percentage of one’s total net worth to have in retirement accounts such as IRA, 401K, ...