I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
I feel like I’ve been posting a lot lately! Something I’ve been thinking about is the benefits of loan pay down. So I’ve been listening to bigger pockets a lot, and am learning that a BRRRR method is a good method for...
Attention!!!!
Landlords / rental property owners in affected areas of the Covid19 pandemic
The SBA Economic Injury Disaster Loans (EIDL) are available for rental property owners if your state has already made th...
Before I start placing bandit signs anywhere does anyone have any idea on legalities of where it is and isn't ok to place them.... I live in TX so maybe that might help in the answer if anyone has had dealings in this...
When I have an apartment for rent; do I have to accept applications from individuals that are utilizing or qualified for Section 8.
Can I just state I am not renting to Section 8, or that I am not Section 8 q...
Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing. I signed a contract with them back then, and every property which I have acquired and managed has b...
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
When it comes to lowering mortgage payments and increasing your cash flow on an existing investment property, chances are you’re probably thinking about refinancing your loan and getting yourself into a brand new 30 y...
Me and my partner felt as if we did not have a successful day looking for our team. Spent about a total of 8-9 hours making calls today. Between lenders, brokerages, contractors, property managers we just did not feel...
What if your son or daughter isn't sure what they want to do? Can you afford to spend $100k+ to educate them .... is it worth saddling them (or you) with so much debt that it will take years to pay back? Has college ...