Yesterday during the conversation with my investor, I was asked where I think the real estate market in Philly is going in this special time where people are afraid that the pandemic is going to kill their investment....
Hi BP Phoenix! #Rookie here. My wife and I live in the North Phoenix area and are looking to buy our first rental property. We are about to close on a fixed-rate Home Equity loan on our primary house, which we plan to...
Private real estate offers many benefits to individual investors, such as high returns, portfolio diversification and tax efficiency. Institutional investors have long understood the merits of this asset class, and re...
http://www.proapod.com/LearningCenter.htmFormulasBreak-Even Ratio (BER) The ratio often used by lenders when trying to decide whether or not to underwrite an investment property loan...Capitalization Rate ...
It seems we the seller and I are beginning to reach an agreement on price. The comps in the area for the full ARV all have had central heat / air installed. I went ahead and factored that into my repairs and made ...
Has anyone worked with or invested in Techvestor before? They provide passive income if you invest at least $25K with them and they use it to buy, hold, and sell airBnb-able properties. They're from the same guys that...
To ensure your STR performs well, do your kitchen and bathrooms need to be fully renovated and updated?We’re probably the only designers and contractors who would say no—unless you’re in the luxury STR space.Why?As lo...
Hello BP community! I am seeking advice/feedback on my unsuccessful direct mail campaign. Please provide comments, feedback, etc on what may be the issue.
Summary of campaign
Targets: Recent NOD filings
Purpose: P...
Hi everyone,So here is the deal.Started a PM company 10+ years ago as a subsidiary of our turnkey company (IMO it's a tough gig selling turnkey if you don't also manage in-house)Hated the PM business for a good 5 year...
So I screwed up last year, or at least according to my current strategy. I refi'd my 30yr mortgage on rental property down to a 15yr, and paid points to get down to 3.5% interest.
Now I'm wishing I pulled cash out s...