Good morning everyone, I recently closed on my first rental property and UC on a second. The first property rented out quickly (cash flowing around $275)and I’m hoping to make roughly $250-$300 per month on the second...
Hey! I was listening to a podcast and read an article released by ATTOM and wanted some feedback from other investors. According to ATTOM's Q2 2023 U.S. Home Sales Report, profit margins on, "median-priced single-fami...
Banks manage cash: inbound and outbound and "play" with that cash while they have it. Right?What is happening now and is going to accelerate is that the inbound cash is drying. Cash out by traders is not in anymore. S...
Hello Everyone,I'm looking to acquire a couple of buy and hold properties and was researching different areas. I've yet purchase my 1st property and in looking at various neighborhoods there are certain ones that appe...
My colleague suggested the following as a loose rule of thumb for ROI expectations on general upgrades:Ex:For $100 rent increase:$100x12 mos= $1200$1200/20% (ROI)=$6000Conclusion: $6000/door = $100 rent bumpDo you agr...
We have an acquisition opportunity on an inherited home with a reverse mortgage, which is something we haven't dealt with before.On a flip the numbers shake out as follows:ARV - $300KRepairs - $40KReverse Mortgage (ac...
Hello BP Members,I'm an investor based out of Austin, TX having a couple of properties in Georgia. I'd like to get started with my first BRRR deal, and since I have zero-to-no experience with BRRR, I'd like to do it n...
Update - Kris Thomas has now really crossed lines here. I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate. When my ame...
I'm in the process of searching for my FIRST OUT OF STATE MF property. I'm putting my best foot forward on this, but as I'm getting closer and closer to making this a reality, I'm getting more anxious. Hoping that I ...
It seems like everyone is wondering how to find real estate deals in today’s supply-constrained market. With housing inventory still hovering around historical lows, finding a cash-flowing, appreciating rental propert...