Brian Garrett
Question about the 70% rule
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
William S.
Milwaukee is driving me nuts.
Please excuse me for a moment, but Milwaukee is driving me absolutely nuts. I don't understand how you investors make it work here. The properties are in junk condition, your property taxes are absolutely out of contr...
William C.
Who is responsible for permits/codes
Architects, builders, GCs, investors, and anyone else who knows anything about applying for permits on a late scale renovation I need your help.
OK so the title is a bit misleading since I am well aware, at least I t...
Matthew Izarek
wholesaling (setting up a platform)
hello bp,
I am active military and currently deployed. I have been researching and listening to podcasts and trying to learn everything I can about wholesailing. Listening to one of the podcasts and reading some of th...
Kate Szeto
making profits in rental property
Have a dumb question to all the real estate investors who rent out their home/apartments AND are making profits from your property: what are your success factor(s)?
I have a rental apartment in New York that can get ...
Steffany Jensen
Young couple looking to house hack
Hi everyone! My husband and I graduated from University in the Spring, we both have full time W-2 jobs, no debt, a 780 credit score, about $25k saved, and live in Salt Lake City, UT. We’d really love to house hack, bu...
Aaron Yates
Biggest Scare To-date That I have had as a landlord - any suggestions?
So I have been having problems with a tenant paying on time. She always pays at the end of the month instead of the beginning. Obviously I charge a late fee for this.
Last week after picking up October's rent...
William Gan
New Investor in Brooklyn, NY - curious of people's views on units
Hi all,My name is William and I currently live/work in Brooklyn, NY. I moved to NYC about 4 years ago, and have been renting so far, but realized financials are much better on the owner-operator side. My goal for my f...
Matthew Holtry
What is the Happy Path for a Private Money lending Transaction?
BP Community,I recently did my first private money deal (as a lender). The borrower is someone I know personally, and we intend to do additional deals together in the future. We stumbled through this first one togethe...
Yu L.
9% cash flow pot house, want your opinion
I have a deal which I structured owner financing in it, my plan is hold on to it and will either sell it at the end of the loan period or just keep it.
It is a SFR, ARV is ~ $450k, I am buying it at $461k. T...