Rebecca LeBrun
Question about Owner Occupied Investing
My husband and I are interested in purchasing a multi-family home to live in. The idea would be to purchase a 3-4 unit home, live in one of the units for free, and rent out the other units to cover the mortgage and a...
Regina Jones
formula for Rehab costs on Flip and Fix.
I need to know the 2 minute formula for rehab cost. I'm finding homes that have good profit margin but the rehab cost is a little high. What is a formula that will work on most flips? I have one that I use but I wa...
Dustin Lyle
What Do you consider a good Cap rate?
I read in a thread concerning California where multi unit residentials are selling around 4-5%.. which lead me to a good question.. As investors from across the country, what do you consider to be a good cap rate? Bei...
Douglas Graves
Pay off Morgage or buy more Rentals
Hope this question is where it supposed to be.I have 8 propertys, 5 of which have loans.All total they clear about $7000 a month.I have a small side business and my wife is a killer realtor earning us an additional $1...
Tiffany U.
Knowing When to Walk Away or Take a Chance
Newbie question.I am looking at deals trying to break into the market. My question is how do you know when to leave a property alone and when to go ahead and invest. I've run the numbers they work. The property has...
Jared Carpenter
Syndication audience advice
Hi all!Many of you have provided valuable feedback to my many questions regarding syndication, what the different stages entail, and setting a deal up a deal from ground up - thank you kindly for that. As I continue ...
Ivan Figueiredo
Flipping in Atlanta during Coronavirus crisis
Hi BP community. I am scheduled to close on a flip in Decatur, Atlanta GA in the first half of April. The deal is as follows:Purchase price: $132,000Rehab: $165,000 (adding 2nd story of ~1,000 sqft; renovation of exis...
Aaron K.
Milwaukee or Detroit
Im from Detroit and know investors, but I have heard a lot of horror stories and a lot of deals are gone. I have been contemplating deals in Milwaukee, but there are tons of deals with low investment needed (or so I t...
Ramin M.
After I sell my home where should I store my money until I invest?
Hey y’all so my wife and I are starting our investing journey in the next few months. We are selling our home in sd august and relocating to boston. I currently I have a joint savings account with discover that’s 3.6...
Brandon Del Boccio
Approved HELOC Rate
Hey all, happy Friday! I was approved for a non term HELOC loan for 100k at 7.5% variable rate. Looking to start my first short term rental in the Saint Augustine/butler beach/crescent beach area. For those of you who...