Robert Crossman
Cash out refi or refi and lower payment?
I have 1 rental property in Kentucky. The rent is currently 1150 a month giving us 1020 after property management fees. The rent is going up next week to 1250 but we have a few repairs needed. Some flooring work and b...
Brian Chan
Cash Flow vs. Appreciation
Location A: Positive Cash Flow + 4% Appreciation each year (as such locations which the 1% rule apply)
Location B: Breakeven Cash Flow + > 4% Appreciation each year (locations with higher appreciation like Austin ...
Daniel McDonald
Would you do it??
I heard something interesting on David Greene's podcast the other day. He was making an argument for buying properties even if it didn't cash flow. Now that is accounting for reserves so imagine you were just breaking...
Jared Hauf
Please help me analyze this deal!
Good Morning All,
Please help me analyze the following deal. Everything I see checks out in it but just wanted a double check by BP. This will be my first (intentional) rental, my other was my previous residence. ...
Farakh Zaman
Refi for cash flow or payoff early
Hi we have a property w/ a 30yr fha loan with 25yrs left at 4%. We talked to our mortgage broker and he said we could refi out of it into a conventional to get rid of the pmi.
Question is should we do the 30 to get ...
Swaraj Raichowdhuri
Digital Nomad buying a owner occupied multifam in the Bronx
Hi BP family,I am a 34 year old IT consultant. I've been a nomad most of my adult life and I still am. In the US, I've lived in Chicago, New York, Boston, San Francisco, LA, Little Rock, Omaha, Portland, Minneapolis.....
Duke Giordano
Multifamily Syndication Market parameters and where to find them
Hello All,In evaluating a particular market when looking at multi-family syndication, what in your opinion are some of the most important market parameters (some I outlined below)and where can one find this info, pref...
Ed Lee
Price Trends in Zip Codes
Hey BP,What resources/sites do people use to analyze and track price trends for certain cities or zip codes? How accurate are these sources? I know that on several sites and listings you can see it by each property;...
Dan Griffin
Ideas: 24th month free or reducing rent?
My wife and I are looking for someone to stay 2 years in our own personal residence while we are out of state. I was trying to figure out a positive incentive to get one tenant to stay the entire 2 years. What do y...
Levi Lewis
House hacking numbers
Im looking for my first property to be a MF, triplex mainly. Now if I run the numbers and break even after renting out the other 2 units while living in one, wouldn't my "no more rent" costs be considered cash flow? I...