Hello BP! I need some clarification. So let's say I get prequalified from a bank for 100k for example. So I buy a property and use the BRRRR strategy,I'm all in for 80k and the ARV comes out to 130k. When it comes to ...
One of our STRs has been struggling since December. All of a sudden, starting last weekend we have gotten several bookings (6 or so). We were starting to get a little concerned, since that place is right downtown in a...
I've gotten pretty comfortable using the BP calculators for BRRRR deals and traditional buy and holds. But what are some important things to consider when running numbers on STRs? So far, I've been looking at properti...
Hi all,
I just listened to BP podcast episode 227 with Joe Fairless. Joe went from a few SFRs to $130M by the time he was 35 years old.
In the episode, Joe unpacks three indicators that help him find "good" multi-fa...
Our third project was another single-family home in Havre de Grace, MD. This home was originally listed at $115,000, but we were able to negotiate the price down to $81,900 (about $85,500 after taxes, fees, and realto...
Hi everyone
I went to check out a 4 unit multi-family today.
It's listed for $269,000
The rent/unit is $650.00
I check out the value on the auditors site and it value for $179,000
It was purchased in 2005 for $160...
Hello BP members!I'm looking to buy my own domain name to get my own business email. Of course I also plan on making a lead generating website down the road.I noticed theirs a lot of sites to buy a domain, (GoDaddy, E...
I am a newbie and have not seen many 4 plexes on Zillow or others. I know they are out there, because I have driven by them. What is the best way to find 4 plexes that are for sale or have sold? I am curious to see st...
Hey BP Pros!My partner and I, through an LLC, purchased our first two multi-family properties last year (one in April, the other in August), and I'm just now trying to get QuickBooks Online setup for our business. I'm...
https://docs.google.com/spreadsheets/d/1Fqrb6yrmTn...I'm in the middle of comparing Everbooked, Mashvisor, and AirDNA (may add Airnalytics). Spreadsheet is brief now but I will add about a dozen homes this weekend so ...