Hi all. We have an opportunity to relocate the Puget Sound / Seattle area this summer it's got my creative juices flowing. With prices in and near Seattle proper being completely out of my comfort zone I'm looking f...
Hey guys, want to do some brainstorming on this idea. I am thinking about creating a Facebook Group/Page for each MFR we own/manage. What I envision is inviting each resident to the page/group for each separate MFR ...
I have 16 rental properties. I have one under contract now. My basis is $78k and my sale price is $190k. My carry-over passive losses are $147K from all the 16 properties. My MAGI is >$100K; so I am having carry-ov...
I notice that apartment companies will sometimes send any money owed immediately to collections although it doesn’t actually go “into collections” for a month or two. Does anyone, especially people in SFH do the same?...
Hi all, I'm doing a flip where the original owner converted the 2 garage into a bonus room and added a carport to compensate. The room is 324 sqft so it has the space to be converted into an ADU and no doubt would add...
Investment Info:
Single-family residence buy & hold investment in Anna.
Purchase price: $241,000
Cash invested: $72,000
This is a 1900sqft, 3bd/2bth with bonus room for office/kids play room.
Gr...
What's up BP fam!
I personally get fired up from reading your stories, so please keep sharing. I've been reading a lot of posts here on the forum and I'm noticing more and more that there are a lot of people that end...
When valuing a commercial multifamily building based on the income approach, the cap rate relates NOI to value. But my question is how does cap rate come to be and who actually calculates this? How subjective is it?
When getting a portfolio loan, do the banks loan you the money just for the down payment on the house? or do they loan you the money to buy the property? or do they give you the money for the property and the rehabs?
For the better part of two decades I've been involved in real estate in some capacity including but not limited to: mortgage & real estate broker, developer, project manager, STR owner/operator/manager, internatio...