How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
So, your tenant made it through the screening process and moved in.
What kind of dumb things are they saying now?
Petty requests?
Requests to remodel?
Requests for upgraded appliances?
Whining about the internet...
I bought a duplex and feel like I did everything wrong from over spending on renovations to who I hired for contractors. The learning curve a killer but now I am stuck on unloading my burden selling it to break even o...
Just walked away from my first deal. I’ve been looking for several months for a two family, in a good area, with potential for value add through renovations. I found a single family with a detached cottage already ren...
After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...
Hello BP family! Hello how are you all doing? I hope all is going well with everyone. I'm writing to get advice about investing. I need to purchase a car (Nothing new a nice used one). I have 10k saved up. My questio...
Disclaimer, this post is about a CAR, not real estate.
Talk me out of this: Used 2018 Tesla model 3. Was bought new at $61,000, 8000 miles, selling for only $47,000 (30% off).
What if: $10,000 down. $37,000 loan...