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When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
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I have that typical one property (fourplex) that gives me a monthly headache when it comes time to collect. I'll receive all kinds of stories on why they don't have the full rent, can I pay you rest in two weeks, etc...
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I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...
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Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...
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Since I signed up for my BP membership, I have been pretty diligent about trying to evaluate at least a few properties every day. Originally, just to get reps in I was utilizing the rental calculator for everything j...
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Hi you said in a previous post of mine what to tell a realtor to get an accurate ARV.This was a reply by one of the realtors.This was her 1st reply.
Hi Robert,
Thanks for the offer, but I don't think I'm the r...
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So quick story.. I recently found a duplex in my area (Long Island, NY) that was exactly what I was looking for for an investment property. It was in exceptional condition and needed very little upgrading, except for ...
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The best real estate investing book I've ever read… The steps in this book are so practical and easy for anyone—with any income, living in any city—to follow.
—Grant Sabatier, Author of Financial Freedom & Cr...
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Hello fellow BPs! As a new member this is my very first post on the forums; with many more to come I hope, I'd like to say hello!With all that I have been learning about multi-family rentals, I came across AirBnB and ...
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Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...