Hi, So I am currently purchasing my first duplex, hooray! The rental property I am looking at has two units, one is occupied and the 2nd has a tenant, I want to live in one of the two units, however the income from t...
First of all, I apologize for those of you primarily looking to help people out with actual problems or decisions on their hands, because I don't have either of those. I am simply looking to learn.
If anyone would pl...
Hello BPers!My name is Gagan Johal. I am from Bay Area in Fairfield/Suisun City, California.I am very pleased to find this website. It has pool of information that will help me gain as much knowledge as I can about Re...
Is there a difference between a simultaneous close and a double close?
As a wholesaler what profit range would you opt to do an assignment vs simultaneous close/double close?
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 ...
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 ...
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...
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...
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 ?
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...