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How scaleable is the BRRRR method (volume wise)? eg. 10 properties per month?And how many cycles could be done in a year in the same capital? What I mean by a cycle is from the point that you invest the capital until ...
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This is the second turn in a row my cleaning lady has asked for an extra $25. She sends blurry cell phone pictures of the "extra mess" or "oh my god they had a party" and I say "ok" just to avoid confrontation and to ...
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There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
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So I Just listed to Postcast #272 and I learned the 1% Rule of thumb "If a property rents for 1% or close to what you pay for it more than likely has positive cash flow" Your thoughts ?
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Good morning, I have been doing Property Management now for four and a half years in a great student neighborhood area and high rents. I could have the opportunity now for either by an already income-producing asset a...
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Hi BP Community! It's been a while and hope everyone is staying safe and healthy during this time. My wife and I are contemplating getting into STRs and are looking at the Palm Springs/Indio, CA markets. Perhaps ev...
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I am deep in analysis paralysis trying to find properties in my local market that will cash flow at least a little bit for a combined buy and hold + cash flow strategy. I know the market is not what it used to be, but...
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Hello all, Looking for a good property insurance company in Ohio. I am trying to stay away from the big name insurance companies. Looking for good recommendations from my friends here in BP. Thank you in advance.
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So I just evicted a tenant and the water company is asking for proof of eviction before they turn on the utility. Old tenant did not pay water bill and tempered with the meter. So they need proof of eviction.The tenan...
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Hi. I’m researching some spots for vacation rentals, and I’ve come across 5 areas that I’m interested in learning more about. I’m wondering if anyone is having any success with STR, VRBO, Airbnb, etc in any of these 5...