Ok, Cap rates are important, however they are such a small part of your decision-making process. The amount of times I hear “I only buy 7 cap deals” is maddening. If you really think evaluating commercial multifamily ...
Hi Everyone, Hoping to get a second set of eyes on my first set of calculations. This is a TK in Indy, good B neighborhood. I still need to talk through all the details of the rehab but it will be thorough. Quick ...
As a new investor, especially in the world of multi-units, I'm sure you have come across a ton of buildings that are being sold "as-is" and are required to write that into the offer that you send over. Although it see...
Hi Everyone!
I'm a beginner and would like to know if you think a new 4PLEX construction (House Hacking) is better for the beginner rather than an established older property?
I spoke to someone that advised me tha...
Hey BP Community:
I'm about to purchase my first rental property (will start offering mid-April when all my financing, cash reserve, and 2nd reserve source--i.e. heloc is in place). Finalizing my plan of action and ...
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...
This morning the HOA on one of my properties located in Colorado Springs informed the owners of a "Special Meeting Notice" to ratify an amended 2024 HOA budget due to an unexpected high insurance renewal. I reviewed t...
50% of the new investors I talk to live somewhere that's not affordable as a rental market.
They want to invest but feel handcuffed by the high prices and competition around them.
I say "dude, you need to pick a n...
I wanna learn and start young but I work at restaurant and barely have enough money to pay my bills. I wanna work hard and get lead into the right direction and multiply my year to date income.
Good afternoon all so I have been taking Dave Ramsey financial classes over the last couple weeks. If anyone hasn't heard of him please look him up, but anyways my question is his beliefs and what he teaches on is abo...