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Results (2376)
Mark Beeson $300000 /triplex 50% rule +$78, BP calculator $650 . . .
21 December 2019 | 5 replies

I have 3 SFU doing well.  First venture into Multifamily.  Area Cap Rate 9%, triplex cap rate 8%. Mostly concerned about actual expenses vs BP calculation of 5% each for expenses, vacancy and CapX.  This is a VA loan...

26 April, 2024
Americans Say THIS Is How Much You Need to Retire (More Than You'd Think)

Is a six-figure salary enough to achieve FIRE? If you’re working towards financial independence, you know that any extra money at the end of the month can help propel you to your goals faster, but with inflation eatin...

Edita D. efficient track of money in BAH: how many business accounts and which ones
19 November 2012 | 21 replies

Hey guys,
we are BAH (buy-and-hold) property owners that just separated our business account from personal.
To efficiently operate rentals, what business accounts would you recommend to have? Would you recommend:
-a s...

Andy Grabis New to Real Estate/ FIRE- General Savings Advice!
1 May 2018 | 3 replies

Hello BP Community! My question today is surrounding the accumulation phase of the FIRE journey. I am about ten months into my first job since graduating college in May of 2017. I live in Boston and have a pretty dece...

Aletha Brown What should my pitch be to my investor?
14 August 2019 | 2 replies

I have someone who agreed to gift me the down payment for my first purchase (Multi-family and I will be occupying). But after discussing with him about pulling from his investment account (401K), I’m not convinced tha...

Ahkeem Smith how to grow a $7,000 settlement.
3 July 2019 | 4 replies

Okay, so I currently own my home that I plan to eventually rent out as my first actually investment property. My mortgage is $650 a month and it’s a 4 bedroom 1 1/2 bath row home that should rent for about $1200 in my...

Lisa Forde SBA loan got aproved 15k, I have two question
25 June 2020 | 7 replies

Hi all, I just got aproved for 15k of SBA Loan, however I have two quick question1) I saw people mention first 12 month interest free. Don’t see that anywhere on my portal. It say 3.75% interest , repayment started af...

Dhanush Kondoth Cash out refi before 6 months
30 July 2016 | 9 replies

Hello all,I have an SFR that I bought 3 months back (cash) and I want to do a cash out -refi on this property, so that I can re-invest. The property is located in Columbus Ohio and is currently rented out with a one y...

Isaak Brown Save or invest deposits?
14 November 2016 | 9 replies

Where do you keep your deposits from tenants? In a savings account? Investment account?

And similarly with you repair and vacancy funds. Mine are getting sizable enough that I'd like to invest them to at least avoid ...

Max Sa Fix rate for home equity loan
9 April 2021 | 5 replies

Hi BP! I've accidentally got into RE by renting out my first house a few years ago. Seems like a great opportunity to get to financial freedom. When it comes to accumulating funds for down payment etc. Save cash. borr...