Thinking about using my current residence as my first rental - I could cash flow roughly 700 a month. But the question is, should I sell it (I have 100k in equity in it) and buy rental properties with the profit inste...

Hi everyone! I'm a newbie investor living on the west coast but starting with my first investment for STR/AirBnB in upstate. It's a market I know very well and have a growing network via my boyfriend's first property ...

Hello all,I'm looking for interesting ways to pay yourself while building a significant cushion of cash reserves for each property. How do you generally execute this? Do you build up a pot of cash reserves and only th...

Recently purchased my first rental property (basically turn key) two months ago with cash. The property is around $90k. Now I would like to refinance this property to get some cash out. Called around for a couple quot...

HI!  So I purchased my first property, a 4 unit building in the west suburbs of Illinois, this summer. I was initially quoted $1750 per year for insurance coverage from a local company. Then the inspector comes out an...

Trying to calculate Cap rate for the primary residence I hold that I am trying to convert to a rental property.Here are the numbers:Original purchase price: $400KCurrent value: $600KCurrent loan amount: $300KPlanning ...

Hello, I was recently watching one of BP's videos on the BRRRR strategy and had a question about one specific aspect of this strategy.How is it that a property produces income and cash flow during the acquisition face...

Hi BP Community,I'm relatively new and I have a (what I believe should be) basic question: In calculating returns, should one include closing costs as cost basis when estimating cash-on-cash return and why / why not? ...

I’m making an offer on a MF and my realtor included my pre-approval amount with my offer. I offered $25,000 less than the asking price as there’s no comps anywhere near the asking price. Granted this building is much ...