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As I'm moving into bigger rehab projects, I've noticed that it's become increasingly difficult for all contractors to stay on the same page. Scopes change, things get added and deleted, and maybe one guy tracks it bu...
Hello folks, I am the landlord for a property, and the tenants are three friends who share a single lease. Recently, I received pictures of a water leak in the kitchen ceiling, which appeared to be coming from the bat...
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When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools. However, they approach financial health from different angles.
The 50% Rule is ...
My house in California was rented for three years by a 3-person family. My tenants moved out on June 30th. When I went there to do inspection, I found out that there is a lot of work and only a normal cleaning service...
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Background: Up front - working numbers daily to get in the routine of analyzing deals. This is part of that. At this stage, I'm not ready to buy. Having said that, I'm trying to approach this using @David Greene's mod...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bakersfield.
Purchase price: $145,000
Cash invested: $33,000
My first investment property, woot woot! Duplex 2bd/1bth per...
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Doing a cash-out refi. The lender said terms would be more favorable with taxes/insurance put in escrow. Sounded good until the paperwork showed that 11 months of taxes and 10 months of insurance would be included in ...
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Thinking of living in the house first (house hack) with roommates and then fully rent out the 3 bedrooms later.House: 3 bed/2 bath Asking price: $337kOffer price: $292-310kARV: $330kRent: $2600 (2 bedrooms: $800 x2; b...
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Hey BP Community,It seems as if a lot of people really like to hear about short-term rental/ AirBnB stories, so I thought I would share a deal that has been “operational” for four months now…First, I live and work in ...
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We have one rental unit that is just not attracting qualified tenants. Does anyone have any pointers for lower end apartments? Our other units are fully renovated and attract young professionals that can follow direct...