21 Unit building in San bernardino1,495,000 asking priceActual GRM of 8.8 - Market GRM of 7.6It nets a little over 100K. From some research and asking around I've found that this specific area isn't too safe or somewh...

My family and I are about to buy our first STR in Florida.  We are purchasing in a nice community, so I'm making the assumption that the possibility of theft from outside parties (non-tenants) will be low.  But what i...

After spending money fixing up a property, I obviously want to make sure the tenants occupying it are not damaging or tearing anything up....whether accidentally or deliberately......or worse still, using my property ...

I've enjoyed reading so many of these deal diaries that I wanted to add one I am working on right now. I really think there is a ton of value added to our community by sharing what the life cycle of a deal looks like ...

Hi, everyone! I want to give everyone a recap about how I got to where I am today as a 20 year old real estate investor in the Kansas City market with over 10 deals under my belt. I started my journey off as most peop...

I used to think that most investors purchasing mortgage notes were clueless as to the mechanics of how it worked.  I now see that lack of knowledge is nothing compared to the cluelessness of investors who purchase tax...

which brand of locks do you use at your rentals?

The good stuff Medeco? Baldwin?

Middle of the road Schlage?

Lower end kwikset?

Or even Defiant from the home depot?

I...

Hi BP

I'm curious what your buy hold strategy is?

How do you evaluate your deals?
What is your exit plan?
Cash or finance. How does that change you strategy?
Cash flow, break even, wait for appreciation?

I'm looki...

Currently reading Why the rich are getting richer by Kiyosaki and for the record enjoying it just as much as his other books that I have done.In Chapter 14 he gives the example of Mary a 40yr old W2 earner of 100K pay...

I have few residential rental properties, for which me and my wife are on mortgage but did deed transfer to LLC. But as for filing taxes we elected as S-Corp, it's been few years we have this set up, but learned that ...