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Hello BP,Just closed on a two year flip of a multifamily deal in Riverside CA. I don't usually like to publicize my deals but BP has been a nice resource and I thought I would contribute with my experience and answer...
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The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
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Hi all!I just walked through my first flip property (yay!) with my GC this morning. He is quoting me 13k on a small master bath. I think it's too much but would love to hear from some of you. If I pay 13k for this ...
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I just want to make as much money as possible at this stage of my life. I have 60k. What’s some ways I can double or triple it within a year or so? I’m specifically asking how to maximize my return within the field of...
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I'm curious to hear from other Vancouver Island investors to see if you have been able to locate any buy and hold opportunities with cash flow? I'm over in Courtenay and not having much luck here lately. My wife and ...
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We're just starting to look at out-of-state investment options, turnkey providers being one choice, and I am wondering if anyone has had any recent experience they'd like to share about Zach Lemaster and his company, ...
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Does any one know anything about Kent Clothier's new software designed to find vacant homes?
I have not found any information or reviews on the internet. I would like to know if it is worth the $995.
Thanks.
Leo
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Hello so an interesting subject always in my head is should I rent to section 8 or some other form of government housing? I know its a guaranteed rental income, but it is worth the hoops you have to jump through can s...
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It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
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This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...