John Hyatt
Saving even more money each month on an already tight budget!
Hello, I just wanted to share my success in lowering my monthly bills this year! I hate monthly bills, especially the ones that I cannot pay off (reverse passive income). I have very minimal monthly expenses and alway...
Yanna Almonte
NYC- where to buy to hold and rent with 700k budget
Hi friends from bp, I'm a new to bp. Listening to bp podcast and watching video as a starting point. I'm looking to buy in NYC metro area as investment to get som cash flow. I don't find any deals for multi-family. M...
Frank Manning
Any tips on budgeting Cap Ex and repairs on a Multifamily?
I am seeing two 12 unit Multifamilies in Milwaukee WI this weekend.
I’ve run the numbers a bunch and am having trouble coming up with a good number to budget for cap ex and repairs.
For Capex I have an estimate for ...
Morgan Winslow
Buying over budget a safe risk when rent is already guaranteed?
Hi all, I'm looking at purchasing my first property and am looking for advice/thoughts. I would be purchasing a condo in the Dallas area and it would be a rental. The condo would be a bit out of my price range but wou...
Eileen Moore
What are your special touches? Champagne looks on a beer budget!
Hi all. What special touches do you include in your renovations that make them stand out to renters and/or help the property appraise for more? What are some inexpensive things you've done and where do you splurge?
Charlie John
How do Hard Money lenders react to flips going over budget?
Hey BP,I am currently working on a fix and flip where the budget started at 80k before demo and figuring out what to do (old house with funky floor plan). Purchase was 80k. House is 3/2 bath 1800 sq ft. Reno budget is...
Jason Thornberry
Small Surplus in Budget... Pay Down Principal or Put in Savings?
Lets say you have a standard 30yr Fixed Mortgage with a rate of 3% and a balance of $100,000.
Now lets say you have an extra $100/month that you could use to pay down the principal OR you could put it in a saving acc...
Scott K.
Looking for a simple way to budget personal and investment finances
What have you found to be a simple but effective way to make a budget for your personal finances when you also have expenses related to your properties?
I often find myself asking questions like "Can I afford this im...
Chris Ready
Advice on rehab budget for ceiling water damage, WDO and mold
Hi all,Currently working on first deal and still getting to grips with rehab budgets. I have my eye on a 3/2 (1400 sqft) but there's a few issues that need to be rehabbed. I was wondering if anyone had any advice on h...
Najeh Davenport
how far over budget did you go your first BRRR project
so my first out of state investment property is current $7000 over budgets and looks like I have about another $8500 plus materials to go. thoughts? help ideals. the property is about 3000 soft the front side is curre...