Kind of wondering generally how a SFH rental investment will work if the 1% rule cannot be met. I know it’s not a concrete yes/no rule, but I don’t see how the numbers work in your favor after that.Homes in my area ar...
Hi guys got a question related to strategic planning.Our goal is to get down to a single income to improve quality of life. One of the options for accomplishing this goal is I am looking at refinancing our personal...
Hey BP, I'm a newbie investor looking to get into the STR space. My Wife and I live in California and are looking to buy an investment property in the Cape Cod region. We bought our 2nd home in Jan. 2021 (flipped our ...
So let's say that you had $500,000 cash to use as a down-payment.....You want to purchase a $1 mil multi-family building.... Would you use the $500k to get a 50% down and lower payment? Or split it in half and use $2...
It's a 3 bedroom, 2 bath, 1105 sf house in a B neighborhood.
Purchase price: $322k (Originally, my partner wanted to flip it with me, but I persuaded him to sell it to me. He earned quick money as a wholesaler, and I...
How do you estimate the ''exit cap rate'' on a commercial property? I understand that you can evaluate a sales price based on what the seller or broker presents as the cap rate and NOI, but how do investors determine ...
Does anybody have an exit strategy for BRRRR setups?In the 2010s we did the BRRRR thing not even knowing that the acronym existed and now we're are in a good, but complicated situation.- The commercial mortgages (all ...
I wish I would have discovered this website earlier. There is so much information and everyone is very helpful.
Here is my situation:
I became landlord about 6 months back. I bought my first property as all cas...
Been looking for my first property to invest in for a couple of months, also working a full time job. I’m wanting to know if I’m not putting enough time into investing or if deals are just hard to come by. I’ve been l...
Hi BP community, my grandfather passed away and left my Dad (along with his 4 brothers) 32 acres of land in Orange County, NY. Most of my uncles want to sell the property and be done with it, but my Dad and I were thi...