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I listened to the bigger pockets podcast episode with Grant Cardone today while at work. The number one point I took from him was to go bigger. Just when I think I have my investing strategy figured out starting out w...
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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 ...
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One thing that continually boggles my mind, and I often hear on podcasts, is how are people able to scale so quickly and buy their 2nd, 3rd, 4th, 5th properties so quickly after the first (often within a year of buyin...
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My situation is that I'm 45 years old and I have a 401K with my current employer. They match 100% up to 3% then 50% up to 5%. So I contribute 5% and get 4%, immediately vested. I've been contributing this for about 13...
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Is anyone on BP involved with buy and hold in the NYC area ? I have a few questions
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This past weekend my friend invited me as his guest to the Yancey Events, Real Estate Workshop. He paid a couple of thousand dollars to attend and a free guest was able to join so he was generous enough to call me...
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Hi BP,
My first post :)
I started in Dec 2019 and am now up to 3.9k a month in pure cash flow. Need to get to $10k before I think of quitting and gunning for the end of this year. Looking to still get educated and m...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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I've been doing a rental property rehab. The contractor hasn't come close to meeting any of his target dates, and has gone over budget many times. What is the best way to keep him on track and hold him accountable for...
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I’m heading to the Gatlinburg/Pigeon Forge/ Sevierville area next week and am going to look at short term rentals while I’m there. I’ve listened to Avery Carl and reached out to a realtor with the Short Term Shop to s...