Hey BP,A few days ago, I closed on the purchase of my first flip opportunity, a single family in Stoughton, MA. I have partnered on a couple BRRR deals within the past year and a half, but this is my first project on ...
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Hi! I will be closing on my first house in less than a week out here in the Phoenix area (house hacking of course) where I will only be paying $200 per month on my mortgage (would be less but I’m helping my brother ou...
Goal is to transfer from W2 job to full time real estate. I'm writing down some steps that I believe will help me progress me towards my goal. Currently I hold a salaried position and have one rental property purcha...
I'm trying to workout what the best CRM is to use for this that doesn't actually cost money yet. I have Podio setup with the REI package, but it's got a bit of a clunky feel to it. Hubspot feels a little better, smoot...
I lost my job this week! My wife, father-in-law, sister, and closest friends tell me this could be an answer to prayer and that I would have never fully pursued my passion for real-estate if this hadn't happened. I've...
Hello all,
I have been a long time reader and thank all you guys for the feedback.
I am here to get feedback of some experienced investors to see if they can help me take the next step in my REI career.
I started i...
I'm pretty new to the industry. I didn't start out planning to become a landlord, it was just convenient due to a personal medical situation.After everything cleared up I formulated a plan to jump in to the industry ...
Hi BP-ers,Question: What does everyone think about planning out an investing strategy (meaning a business plan, roadmap etc..)? Is planning out a general idea of what you're going to buy, when you're going to buy it, ...
Whats the best method for calculating accurate repair costs? Should I hire a GC to walk through every property with me, or is this something manageable on my own? I am a new investor working out of Wichita Falls, Texa...