On the outside D type properties look like steals, but with the potential crime, turnover rate and bad tenant pools is there really good money to make? Or is it better to go for B type areas that won't cash flow as we...
Hey BP!So I'm finally getting my first rental property this week and I have a few random questions that I was hoping to get some help with. 1. Utilities - I'm not sure how the utilities work. There is some light remod...
Here is what is going on:I purchased a 4-plex on September 11, 2014. 2 of the 4 units came occupied, so I inherited two different families as tenants.I am utilizing FHA 203k financing on this property, so I would idea...
I'm staying at an AirBnB in San Diego. I chose it for the location, just a few blocks from the beach.It's newly renovated and looks nice. Fresh paint, very clean, comfy beds and couch.But there are no decorations. The...
I will be getting my real estate license very soon (approximately 2 weeks). I currently work full time in the RE industry (not as an agent) but will probably start out as a part time agent on the side doing open ho...
I just read the Housing Wire article stating they are going to extend FHA Forbearance into December 2021 for “certain borrowers.” Stuff like this is why in my humble opinion everyone holding their breath for 2021 to l...
Guys, my business has grown to a point where I need some help. One of the positions that I want to fill is that of a project manager, who will, in fact, be a bit more than a typical project manager. How much do you ...
Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)
Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home...
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
An off-market deal has been brought to my attention. The owner is not selling, but is not opposed to selling. The unit is a 12-unit apartment building in Connecticut. 11 of the 12 units are currently rented. All u...