My strategy for this year (2023) is to:
1. Buy two 500k multifamily units (or one 1m multifamily unit) - ideally they break even.
2. Cost segregate both properties and generate close to ~150k in passive losses, ~...
No longer amongst the "W-2'ers" - living on rental income and capital. (Due to circumstance - more so than some freedom walkout retirement announcement)
When applying for a commercial loan - I've read that the loan i...
How’s it going community ,I had new tenents just move in June the tenent came looked at the house while we were still getting alot of painting and repairs done ready for move in mid July well the tenent landed up c...
I am a firefighter and started a second full-time job with purpose of increasing income so that I can buy more property, reduce current toxic debt(any debt that doesn't pay for itself) and paying off the 3 rentals tha...
TL;DR: If you were just starting out, with basically zero debt and costs, a low six-figure salary, and $140,000 to invest, with a desire to get into real estate, “connections” to a team of contractors and a great real...
I have come across what may be a fantastic opportunity for a flip ( **I HAVE NOT YET LOOKED AT THE HOME SO I AM NOT CERTAIN ** ) ... purchase price and rehab costs come in around 66% of resale value and the average ti...
Hello BP ProsI need a little advice. I have a mentor who has been helping me price my offers and has showed me a lot. He is moving up to higher properties and wants to sell over his lower income properties. He has a...
For those who allow pets, how much do you charge and how many pets do you allow? (Or if you have creatives ideas for pets will be welcome)
3 is the maximum of pets per unit & I charge monthly:
$30 ...
Hi All,I'm Shavon Prophet, I live in the Five College Area of the Pioneer Valley, Western Mass and am originally from the Bay Area, CA. I am an Energy Efficiency and Renewable Systems Consultant. I specialize in green...
Hello BP members!
I work with a real estate investment firm here in Memphis, and I am also a licensed Realtor. I have no problem finding deals, however right now I am finding it hard to find QUALIFIED buyers.
It seem...