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PDAs weren't good enough for Mr. Jobs, he had to go create an iPhone (which many of us now can't live without). He was relentless about trying to give the user the best possible experience. I wonder how he would reinv...
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So i've heard many people talk about the 1% rule. The rule states that the monthly rent should be around 1% of the purchase price. Now I want to say I do understand this is a rule of thumb and I do understand it's no...
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I have recently purchased a studio apartment and renovated it to rent. I thought I would have no problem getting a tenant via craigslist (since everyone I know looks for apts there). But so far its been a couple of...
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I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
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Hello all! I am an aspiring investor currently in the military and stationed in southern California. I have an upcoming deployment and am pushing back my plans currently, but I am looking for help on what my best opti...
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Hi BP!This is part of a series where I detail the conversion of four units from long-term rentals to short-term Vacation Rentals (VR.)Synopsis of this part: Setting up wifi for your guests and for smart devices in you...
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Flipping Houses For Profit in Hawaii, Maui and OahuOK, let’s get to the basics. If you are just getting into flipping houses for profit, there’s much to learn, no doubt. You can’t learn how to do it a single weekend c...
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Hello! This could help newcomers and I am one also, 5 months in. newbie. BP has been great for me :)An update here on the Morning Side duplexes we bought in Detroit. Bought Feb 21. Signed with PM March 21st. 3 out of ...
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Hi , I have two rentals I own right out. one is a house with land and the other is a mobile home on leased land in a very good location . I just created an llc for these properties per my accountants recommendation he...
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Hi, All
I am practicing analyzing MF deals in small cities in Georgia, such as Columbus, Macon, Griffin, etc.. These properties are mostly in B and C neighborhoods. What are reasonable cap rates I should plug in for ...