Low occupancy can be the most damaging obstacle property owners can face in their properties given for lease. Having many vacant units or units with few tenants can profoundly impact the cash flow plan, ability to cov...
Hello there. I'm a newbie investor, hoping the great community here can provide a bit of feedback on my analysis of a two flat in Chicago 60659 (see image). The units are already rented. I plan to leverage a heloc on ...
Hello everyone. I need to reduce my mortgage costs! It's my largest monthly cost. I don't have any other costs I can reduce. I am looking into converting or building a new mini ADU from where my current detached 1...
Hello everyone, I've been looking into investing in real estate for some time now. I don't have money to invest so I have been reaching out to people I know who would like to invest their money. Questions I have been ...
Labor shortages and increasing material costs are increasing construction costs for fix-and-flip investors. To manage these rises, you can adopt a few key strategies to control expenses and maintain profitability:Accu...
I live in a college town, where both rents and property values on rental properties are stable and relatively attractive. It seems like it should be a great place to own rental property. But when I run the numbers ...
Hi BP community,A wholesaler is selling a property in a good area that I am interested in, but have never bought from a wholesaler before. Here is the info from the wholesaler:EST ARV $95,000 EST REPAIRS $9,000 EST M...
I have 4 rentals and one primary residence all paid off. And that’s all my income, just enough to pay my bills. I have enough umbrella policy to cover all my rentals. But I still feel it is not enough protections.What...
Hello all, Lately I've been studying and trying to better understand the analysis of rental property. I understand that the formula to calculate COC return is: COC = Cash Flow/Investment basis. Part of the investment ...
I have several options for construction of a Phase II project with townhouse style units. The existing (Phase I) consists of 7 townhouse units, 2bd, 2.5 bath. The property has 7 additional pad sites with water and s...