What do investors in Bridgeport target for first year gross rent multiple (GRM)? I am used to a gross rent multiple target of around 8.6 for places in Stamford but in Bridgeport that seems to be very easy to get. Base...
how long do you usually wait for plans to be drawn up and completed?
So this saturday I will be walking 4 different properties with the current owner, my realtor, inspector, and my contractor. I have a spreadsheet made up to take notes on the current shape the property is in, but i'm j...
I would imagine there are a few landlords like me, struggling with gutter cleanouts - I found a super simple (one-time) trick to clean out gutters, without a ladder.
Personally, I need to use cash flow for other thin...
All,This is really a nasty piece of news.As of 4/1/2022 appraisers have new guidelines by Fannie Mae.They will apply new measuring standards which in many cases will lower property square footage and as the result its...
Goooood mornin’ BP!This week I finally started ”The Gap and the Gain” by Dan Sullivan! Man this book is really hitting hard! Without spoiling too much, It introduces the concept of reframing your thinking from measuri...
Do I take a contractor when I am gonna get measurements for the property, before I start my bidding?
I have a flip under contract and about to close. While finalizing my extensive rehab plan (removing walls for an open concept, expanding a shower in the master bath) my contractor mentions we need to have an architect...
Hey friends, hope someone can give me advice.I’m in escrow and 2 weeks away from closing on a 3/2 SFR in San Francisco. I’m a first time home buyer, and it’s an as-is offer at 4.3% above list price. I like the house v...
Hi All, thanks for reading.As background on my current issue, I had significant repairs made to my slab foundation home in Austin, TX upon purchase of my first rental property 4.5 years ago. Due to my own ignorance (n...