It's been brought to my attention that I should be paying myself for self managing my Duplex and that even though my cash flow is higher in the end when not using a PM, it's my time that is more valuable and therefore...
Hi BP Family,
I believe in being open and honest with sellers about my assignment fee.
I have not done my 1st deal as yet. I plan on telling sellers that if the final sales price (to the investor or retail buyer) is ...
30k houses in OH have been a topic on bp. Because they gave me my start I had to give my 2 cents.
I bought the low cost pigs in Ohio (Cincinnati) to hold and it worked for me. Because of this I get asked all the time...
Hello!For the past several months, I have been listening to the podcast and psyching myself up to start looking for properties in my neighborhood. Here is some information about myself: I live in the St. Louis Metro E...
I am a new investor based in Denver looking to do my first Multi-Family deal with a goal of purchasing 1-2 deals per year. I have a deal I am looking at in Denver that is Pre-Market but I am not sure if the numbers m...
I know about getting a list and contact them using different methods. I don’t have plan to do that yet since I’m only looking to get my first 1-3 deals. Also, I don’t have the resources set up for it at the moment. S...
Hello everyone,
I’ve been analyzing small 2-4 unit properties on the MLS for a couple of months in Grand Rapids. If I use 25% for expenses (5% each for vacancy, capex, R&M, and 10% for PM), most houses hover rig...
I am new to real estate investing and bought many books on how to buy, fix, rent, or flip them. I haven't made any deals yet. I was also considering mortgage lending as a career.My question is ....which is more profit...
Some of you that have read my posts may know my style of managing tenants. I am supper selective in screening tenants and strict with enforcement of rules. I have no loyalty to substandard tenants and believe they sho...
Good day all,I am looking at putting together a list of ways that people have gone about forcing equity/value in their properties. To start the ball rolling, I like adding a unit/income stream where there wasn't one ...