Lindsey Clark
What would be your exit strategy be on this fourplex?
Hi BP! Newbie here. I am in contract for a fourplex. I am purchasing it for $250,000. It is located in an area where property values have continued to increase annually. I would like to fix up units as they become vac...
Josiah Sia
Help understanding equity and net worth roll over to "trading up"
Hi there BP friends. Been reading Brandon Turner's "Rental Property Investing" book and I got stuck on one of his examples. In chapter 5 he lists 4 example plans on how to use REI to build wealth. I'm confused about h...
Benjamin Aaker
Boots on the Ground in Springfield, MO
Hey BP team - I'm looking for multifamily properties in Springfield, Missouri. I'd like to connect with someone in the area and talk about my plans. Do you think this is a good city to invest in? The median income lev...
Raymond Shoe
Rental property near affordable, mixed income housing?
Hi All,I am new to real estate and would love to get some advice. I am considering purchasing some single family homes in durham NC but have learned there will be plans to develop a 740 unit "affordable, mixed income ...
Jonathan Siegle
Cap improvements with cashflow. Calculate ROI based on increase?
Hello,I'm putting together a capital plan for two 6-flats that I own. Improvements include both capital improvements (new boiler) and also in-unit upgrades. The plan is to fund these improvements via cashflow. When ca...
Tyler Cook
First Rental Property!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $385,000
Cash invested: $35,000
In March of 2022, I bought my first rental property, a 4 bed / 2 bath house in the ...
Mike Gordon
How often do you raise rent?
I own a couple of SFR and I haven't consistently raised rent the last few years. I've readjusted the rents to just under market while vacant. Both are in relatively strong rental markets (Los Angeles, Tucson). As a la...
Jeff J.
Pay off my renta lproperty or let the mortgage run?
I have a rental property with a 4.75% interest rate. My plan is to pay it off over the next 3 or 4 years and enjoy the increased cash flow. I am 60 and retired.However, I have heard it is unwise to have a fully paid...
John Irvin
Changing floor plan to maximize inome
I’m getting ready to renovate my first BRRR property. It’s currently laid out kind of funky. It’s 1100 sq ft. It’s a 2 bedroom 1 bath, with the bathroom only accessible through one of the bedrooms.I think I can get...
Shawn Coverdell
When to 1031 forward
Thinking ahead. I am accumulating SFH and Duplexes with pretty good cash flow. Assuming that I can borrow 70% from the equity currently, Is there an easy way to determine when it is best to 1031 up VS refinancing for ...