I am a relatively new but very active newbie to REI. I have purchased my first investment property which I am in the process of flipping right now. I listen to BP Podcast in my car on my commute to and from my 1.5 h...
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
Hello,Newbie here. Just went through the ultimate beginner's guide. Looking forward to get guided through the great community.ThanksAlus
I have noticed over the years quiet a number of very ambitious investors talk about how they will give to charity at the end of their life. Why do so many people act like they will be a blessing one day when they’re ...
I’ve read that you need to get a non-recourse loan from a bank to fund rehab costs. Assuming this is doable, has anyone BRRRR-ed using Solo 401k funds, refinanced, and add the cash back to the Solo 401k? Then do it al...
Hi guys,I currently live in Phoenix and bought my house about 3 years ago. I bought the house for 280k, renovated the entire house for about 15 k and the house is currently worth about 340k. I am thinking of a few thi...
so based on these recent huge tech layoffs in CA, there's structural job changes that due to Fed Interest Rate, tech company can not longer operating in sustainable fashion in CA, so they have to move operation. Eithe...
First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
I will start my two rentals paid one was actually 3 days early.. tenant works for the DOD in area 51 high level 100k plus 750s plus fico.A class rental in Vegasother tenant is in Mississippi my last Go zone house I ...