Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Hello BP,Recently my roof contractor met with an insurance adjuster for the claim that I initiated. I'm still waiting to hear back on the outcome of the claim. However, the contractor told me that the insurance compan...
Hi,
We manage 23 units, it's a small family operation. We don't want to hire property managers and last year I talked the owners into using a rental management platform. We used RentTec. I don't like that there is no...
Hi Team,I recently got "Guesty for host" subscription. While it works like a charm with Airbnb I have a really hard time getting it to work with VRBO.Has anyone had a similar issue? how did they find the resolution fo...
We have a great tenant that has always paid us a week ahead of time. We always wait till the 15th (due date) to cash his check. Today he sent a nice letter with his check. You can't beat a great tenant!
I have a choice to make on which lender to go with on my rental property refinance, however as I research each lender, I cannot find adequate information about their actual business practices. A few I found some infor...
As a quick turn real estate entrepreneur one of your highest priorities for growing your business should be marketing. Obviously there is more to the business than just marketing, like negotiating and closing deals, ...
I'll be putting in custom kitchen cabinets on a home that I just closed. (Though I may sell it somewhere down the road.)What is your opinion on the style of door used? I have a real bias toward slab-style doors. Somet...
Learning about zoning is arduous, to say the least. Poring through local municipal codes is a painstaking task and I still don't thoroughly understand it. So, does anybody know of any good resources to understand zo...
I stumbled onto BP about a week ago researching business entity formation and haven’t left since! After all the technical readings in my initial search, I realized hearing experiences from forum members and reading ar...