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I own a property with two duplexes and a house that are all on the same water meter. I spoke to the utility company and they said to split it up and put an individual meter on each unit would cost at most $8000. I a...
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Ever wondered how to track the market for mortgage rates, especially when it comes to Non-QM and DSCR Loans? Check out my latest article published here on BP!Thoughts/comments/feedback? Did I forget anything? let me...
Hi folks!Over the last few months I've been on a mission to purchase my first investment property. During this time, I've been frequently using BP as a resource to help me along. You guys have some truly amazing advic...
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I have a renter who is perpetually late and her lease contract expired which converted to month to month. She is also has stretched out paying her late fees. If the late fees are not paid with the rent and stretched o...
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Hello BP community. I bought a new duplex (3b/2b, 872 sqft each side) in 76708 and hired a PM. It's been 4 months and no tenants! We've got well staged photos, lowered the rents to match market comps, and applied for ...
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I own 1 rental property and was wondering if I need to go the cpa route. I have been doin my own taxes through turbo tax but this will be my first year with a rental. I bought the turbo tax for investment properties b...
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Hello BP friends. I live in an expensive market and recently started exploring options investing out of state.After running the numbers in several markets, I'm finding it difficult to find cash flowing properties almo...
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In 2020, I was a fitness instructor with zero real estate experience and $10k saved up.In 2023, I bought 3 investment properties and 7 acres of land.I wouldn’t have been able to do this if I didn’t start with rental a...
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Nothing quick about getting rich with real estate
A real estate seminar promoter promised to create 1,000 new millionaires, but so far none are in sight. See what happened to his believers.
By MP Dunleavey = http://...
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For those of you with sizable rental portfolios with debt on them I was wondering how much cash you keep as an overall percentage of your long-term debt. We have been targeting 10% liquid for every dollar of long-ter...