Brandon Rodriguez
Let’s have some fun today and hear different ideas!PopQuizHotShot
Let’s have some fun today and hear different ideas!As investors we look at quite a few metrics, and your choices depend on your lifestyle and your goals. From GRM, COC return, cash buy vs loan, ARV, etc, to rules such...
Joe Henry
Tip: Have your lease reviewed by a RE attorney - my experience
Just a quick tip to always have your lease template reviewed by an attorney. This can save you lots of $ down the line.My experience:Within the first 5 minutes of my lease review my attorney told me about specific ver...
Noah Barba
Should Rent Factor in Utilities?
Hey guys, pretty basic question here: should I include utilities in the rent? Not only should I do it, but does the rent someone sees listed on Zillow, realtor, etc. include the utilities? When estimating a property I...
Ben Lukes
Good Deal? - Tacoma 4-plex
Hi everyone. I'm in the middle of closing on what would be my first property, a 4-plex in Tacoma...but the cash flow is looking pretty tight. I'd love to hear your thoughts on it before I close. Inspection has been...
Kaiston Terry
Is it worth Turning Duplex into Quadplex?
I have the opportunity to buy a duplex where both units have 2bed 1ba upstairs and 1bed 1ba downstairs. The downstairs has its own walkout basement, kitchen, living room, and thermostat.
Would it be better to meter t...
Bonnie Low
Is there a rule of thumb for estimating STR expenses beyond PITI?
Hello BP! I'm looking for feedback from experienced STR operators. We're experienced with LTRs, but are hoping to buy our first STR in early 2022. While I feel confident running numbers on LTRs I'm not sure what to es...
Jeff Taylor
Old House Converted to Five-plex
I'm looking at an old home in a low-rent part of town. It's been converted to a 5 unit. Total rents = $2250/mo. They are asking $70,000. That seems great until I tell you that the landlord pays water, electricity, and...
Byran Hyatt
House Hacking Single Family Properties
Hi Everyone,
I am curious and would love to know how you would split utilities amongst yourself and the tenants. This would be a house hack so you will be renting out the other rooms and sharing the common areas. FY...
Account Closed
best way to build credit score?
i took a class with Richdad poor dad a while ago and the guy said that you want to have as many credit cards as you can get. i have heard that having too many credit cards hurt your score.so my question to you is, wh...
Jake Sablosky
Accounting Question - Tenant Paid Utilities
Howdy BP!
I have a business accounting question. I own a 4-plex in an LLC that has shared water and gas. I am using QBO and want to account for utilities that I initially pay for (since they are shared throughout th...