How do you know if a rental property will make enough cash flow before you buy? Budgeting is KEY. When breaking down a deal, it’s critical that you account for the costs of all capital expenditures (CapEx), maintenanc...
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HI All,My partners and I own 25+ units. We are also managing 10 units for others with another 10-20 on the way. We are struggling with minor maintenance repairs, dishwasher not working, broken lock, toilet clogged e...
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In a 425 unit property managed by a professional property manager, what is the upper limit manager shoud be able to spend on making a repair without getting permission from owner? Sometimes times is of essence in giv...
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Hopefully I'm posting this in the correct area...I've been quietly reading in the background here on Biggerpockets and learning a lot. I'm going to "jump into the game" and start trying to
locate motivated sellers in...
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Greetings Everyone, I hope you journey is forever blooming I am a new student to the world of investing in the city of Phoenix, Arizona. I have been at it, Reading, learning, and gathering information. I am trying to ...
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I’m writing less about investing and more to get your thoughts about how to get over not making an offer five years ago on what turned out to be a great property.Story: I’m not an investor, but I accidentally became a...
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I'm about to have ~100k in HELOC funds. My plan for awhile has been to buy cash flowing 2-4 units one at a time with my HELOC, turn around and do delayed financing, finance 100% of the purchase price, and do it again...
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My husband and I may be moving back home to Chicago in the near future. This time around, we would like to house hack. The idea is to buy a 3 or 4 flat in a neighborhood that we like (we like a lot of them!)I think I'...
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Hello BP,I have years of experience wholesaling properties for investors to flip or rent. They usually use hard money or cash to purchase their homes. I am now under contract to buy my first home where I will be livin...
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Hello BP:
Happy post Thanksgiving. Hope the festive season continues to be...festive, fun, and fulfilling for everyone.
My business partner and I will close on a one bedroom condo next Tuesday. It is in decent sha...