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I have a house and garage apt on one water meter. The units have diff number of tenants. How do I split the h2o cost fairly ?
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Hello! I'm trying to tap into the equity in my home to hopefully start investing in real estate but I need help calculating how much cash I could actually pocket if I did a cash out refi.I purchased the home for 200K ...
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Hi BP family,I am a brand new member of the BP platform. Accidentally stumbling upon BP is the greatest find of 2020 for me! I would appreciate your views on how one can start and scale their portfolio given the foll...
I have a 3% variable rate on a home that I that I used to live in and now rent out. Non-owner occupied and the equity is about equal to the mortgage since I took out a 2nd on it long time ago, I've been considering a ...
Hello everyone. This will be my first of many questions. I have just secured a $35000 HELOC. I intend on purchasing my first rental (Single family or duplex to fourplex). I don't understand how people are buying then ...
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What are typical minimum monthly cash flow & cash on cash return you target for single family & multi family homes? I am looking for locations & markets that can yield that formula. I have heard single fa...
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Hello BP!Just wanted to share our first deal (woot!): Two duplexes on one lot, single story. All 4 units are 2/1s, about 750 sq. ft., W/D hookups, and a not-so-private patio for each unit. Gross rents are $2235, fully...
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I'm currently in a hot market but I do see potential in multi families. This would be my first deal. The problem is, not enough capital for the total expenses (downpayment, closing costs ect). My question is, if you w...
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Hello!A few questions about how the returns get disbursed in a syndicated MF deal...1. I've seen that the asset management fee is typically 1-3%....of what? The gross rents? The rents that are collected?2. Is asse...
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First off, I agree with @Brandon Hall, it should be the BARRR method! If you haven't read this article, do so.https://www.biggerpockets.com/renewsblog/forget-br...Here's a quick recap on my situation:My property in M...