What would you guys do if you could go back in time when you first started learning about real estate? What would you do differently? What would be the best way to set yourself up for success in multiplying your por...
The mortgage is due on the 1st. I'd like to have the rent due on the 15th. While I do have funds set aside to pay the mortgage in the event that rent is late, I like the little safety net of not having it all due at t...
Hi all,Two questions here:1) What are some of the financial efficiencies you achieve when you get to scale in rental properties (e.g., property management savings)? Other synergies / efficiencies that help your bottom...
Hey folks,I’ve had my first LTR property in Jacksonville, NC listed for about 10 days now. It’s a townhouse listed for slightly over the average market rent for comparably sized townhomes, which I did because it’s als...
I currently have a 15 year mortgage on a rental home I bought 8/1/16. My rate was 3.25% I have a renter in the home and I just break even every month. When I bought the home I was not interested in cash flow, just p...
Do you use your state contracts or get custom 1-2 page shorter contracts? I've heard the shorter contracts are easier to get people to sign, but I don't know if you can do that in Colorado. I want to be able to ass...
Do you guys use IRR to analyze apartment deals?I’ve been reading previous posts and I’ve noticed very few consider IRR before investing in an apartment deal. Why is that?
Hi all -I'm a big fan of BP and have been listening to the podcast and following the threads for over a year now. I figured I would reach out to the community to ask for advice. I have saved enough for a 20% deposit (...
I first started real estate investing to invest in apartment complexes. My plan was always to get a few and live off the passive income forever. I currently wholesale for my everyday living in the meantime. This is...
I'm 24 years old, live in Dallas,TX and I make 70k salary a year as a W2 employee. No debt and credit score is around 750. Currently have 20k in a HYSA and another 20k split between Rollover IRA (7k), Roth IRA (10k) ,...