First, thanks to BP community and the amazing people here. I have made contact with folks from CA all the way to NY and down to AZ. Thanks to all the BP Podcast hosts and all who have been interviewed, thanks for taki...
Hi all, New investor here (6 months) now under contract on a property with two separate structures; one a SFH and one 3-plex in a B area with solid cash flow on the deal. They share a single parcel and I have found th...
Hi BP friends! The day is finally here. I've had an offer on a 4-plex accepted and am looking for an investor checklist for closing, general words of wisdom as I go through the inspection process or any other things I...
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Hey Everyone,My goal is to invest in Single Family Homes and Condos that I can rent out and eventually generate a decent amount of passive income.I’ve heard from many experienced investors (and moguls) that the best w...
I purchased 2 4plexes recently and was curious if I should put them both on a separate LLC or just leave it under my name? If I should do LLC, is there any particular way to form it or is it just standard business LLC?
I bought a 4 plex, 3 plex and 2plex 4 years ago and its time for us to refinance. Looking for the longest term lowest ratesfor these properties. I have spoke with the bank I use for my personal and painting business...
I have substantial equity in my two rental properties and very little equity in the property that I reside in.
I'm looking to borrow against the equity in my investment properties but don't seem to be able to find pe...
My go-to Lender in Columbus Ohio mentioned that while the Fed Funds rate will likely go up a bit more , Fed Fund rate and 30yr fix/10yr bond aren't directly in lockstep, so we may start top see downward trends!This is...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Eau Claire.
Purchase price: $142,500
Cash invested: $15,000
Sale price: $395,000
Our first investment. Househacking a ...