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Hey guys,I'm going through my very first applications. We set our credit score standard to 600 and above. In a case of husband and wife for example, do you require them both to have a score of 600 and above? Or is ...
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After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
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Hi BP! I have been studying/working hard to land my first deal in northern NJ but keep getting beat out by cash offers on cash flowing deals. Before I go down the path of private money, I have a question regarding a p...
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I am a Realtor, licensed in Virginia and Maryland. I have convinced my husband FINALLY to take a chance on real estate investing. We want to dive into wholesaling as we also find our way into a fix and flip. I LOVE Bi...
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Hey everyone! My name is Alex Madrid and I am a Realtor starting my personal investment journey :DI hope to, not only make great connections with you all but, also help provide value. I am huge on experiences and love...
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I went to a meet up in Baton Rouge Tuesday. I learned a few new things and made new contacts. It was nice to sit back and absorb knowledge and observe how seasoned vets think. They think and grow rich! I have a goal t...
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Lot of readers on here that want to buy houses with nothing down or close to it. The average everyday home seller doesn't want to hear your creative solution to their "problem" (because they don't have a problem - the...
Good afternoon everyone. Hopefully someone has done this before. 12 months ago I bought my first real estate investment. A 4plex with an FHA loan. I am currently living in one unit and renting the other 3 (house hacki...
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Hello BP Community! I am currently in the process of developing a fully remote/virtual leasing strategy for our rental units located in various Midwestern MSA's (e.g. Pittsburgh, Columbus, Indianapolis). With rapid ...
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What are some of the best accounting software programs that you have found for handling the rental finances? I know Quickbooks is popular, but wanted to see if anyone else had some suggestions. Or if there was a good ...