Hello BP community! Just put a place into contract in the west Cleveland area! Upon doing due diligence, the owner of the house doesn’t own the appliances, they are rented by the tenants. Is this normal for this area?...
My goal is to get a conventional loan to buy and hold a single family rental to generate a positive cash flow. I am looking for a rule-of-thumb or general advice, not specific to my situation because there are so many...
I try to avoid political discussions, as they never lead anywhere good in the business world - but this one strikes at the very heart of REI. Former "Sex and the City" actress, Cynthia Nixon is running for Governor o...
It is becoming more popular to underwrite deal and calculate the terminal cap rate by taking the current market cap rate and add .1% for every year it is held to make deals work. For example, if the market cap is 5.5%...
Hi BP,In California (my local market), I'm having trouble deciding which metric to use for buy and hold investments and what I consider a "good" percentage for metrics like IRR or Cash on Cash return. I'd like your in...
Hello investors,
I’m a new investor and joined BP Pro membership today. Wanted to say Hi to everyone.I wanted to invest in Converse/ Seguin / New Braunfels area. I have couple of questions regarding this -
1. Is my ...
Step 1: Where to find the properties. Obviously LoopNet (CoStar), which I'm told is used by 93% of the top 1000 commercial brokers in the country. It seems like it would be a daunting task to find and contact every in...
Hey
im confused a bit guys, i dont know where to start investing and how to focus on one place and not few. I want to do BRRRR & I have around 120K, where is the best place to invest do you think to start in gene...
I'm looking to get my first STR. The goal starting off is a place that my family enjoys visiting and renting the rest of the time. I recognize that when my family visits I'm hurting my profitability, but that would ...
I may be putting the cart before the horse, but I have to ask before I purchase. There is a 1950 (small) concrete house that I stumbled upon with people willing to sell. It has LOTS of potential in a great area and ...