Account Closed
Is 4-5k/month net realistic on first multifamily investment?
Hello all, I'm looking at getting into the multifamily market this year. Is a cashflow of 4-5k month realistic/possible on a ~2 Million dollar mulitfamily (hand's off) property? I know there are MANY factors involve...
Jeff Cliff
Best rates and terms for HELOC
Hello,I am shopping for HELOC, does anyone have any recommendation on any particular bank/lender that offers best rates and terms for the HELOC?Earlier, I had gotten good pretty good rate. Prime +0.75 for 90% LTV with...
Carlos Castro
Paying Taxes with LLC
Seeking how other investors set up their business. I understand that their strategy will still require me to find a legal/tax professional. I am Leveraging house hacking. Created LLC to be able to open a business bank...
Brandon Duff
Property to buy?
Property listing price is 117,600
Property tax : 750 yearly
Insurance is 300 a year
I did 10% repairs of monthly rent
10% for cap expenditures of Monthly rent
Rent 1000
Vacancy is 10%
Mindy Jensen
Announcing Rookie Bootcamp 2.0!!! (CLOSED - Waitlist Link)
BOOTCAMP 2.0 IS NOW CLOSED!!!Did you miss it? While this next round is closed, we've heard such great things from the attendees of the first Bootcamp, and so much excitement from those who have signed up for Round Two...
Don Ireland
Hold RE in Roth 401k?
I've read advice here on BP saying that it doesn't make sense to hold RE in a "tax efficient account" because you "lose all your tax benefits of RE". I find that puzzling and I'm looking for clarification. Sure you ...
Christopher Benjamin
STR / airbnb property spreadsheet
Hello-Does anyone have a deal analysis spreadsheet for potential STR/vacation rentals that they would be willing to share? I began to create one but figured I need not recreate the wheel if someone else has already do...
Justin Trudell
First timer running the numbers
I'm a first time investor running the numbers on a triplex in central MA. 200k purchase price, 20% down payment and 5% mortgage. 3 units all rented at 1000 per month with assumed vacancy rate of 25%. Turnkey propert...
Laura Casner
Estimating operating cost on a new construction STR
Hi! Anyone have advice on general rules of thumb or ways to estimate operating cost for a short term rental new construction? I need to figure out a base operating cost so I can consider this when I assess land purch...
Paul Allen
Cash Back Credit Cards
I seem to be getting quite a few offers recently from banks offering me credit cards with initial cash back bonuses. Spend $4,500 in the first 90 days and get a $500 cashback bonus. Spend $500 in the first 90 days a...