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 ...
Door count is the worst (commonly discussed) metric in the real estate investing community. Why does everyone use it? Can we all decide to collectively kill it? Or are there some of you out there that stand by door co...
I recently had my first call to interview a potential property manager for my first long-distance investment property and it left me a bit discouraged to learn of the reality of the costs involved.
3-5 weeks to rent ...
Hello, I'm moving to Minneapolis in mid-October and would love to purchase a home as soon as possible to house hack. However for now, I'm interested in possibly connecting with investors or real estate professionals f...
Hi!
I'm new here. I work in a corporate office setting for my day job, which is just a horribly wrong fit for me. I've been striving to get out. To that end, I started online affiliate marketing last Novem...
Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
I live in Colorado but not enough capital to invest in my area. Any thoughts on where I can get started. I work 2 weeks on 2 weeks off i make good money, have great credit and I have time to travel. Any ideas as to w...
Is it safer to own a property free and clear rather than leveraging? If the real estate market crashes again like it did in 2007-2008 aren't people who are leveraging at a risk to loose everything?
Hi BP!
I am new to BP and I am loving it! I listen to all the podcasts and love reading these posts.
My wife and I are not fans of debt (good or bad). We worked very hard to graduate from college debt free. We are b...
Every SFR in CA should have at least 1 ADU. I'd even go as far as to say you are losing money every month by not having an ADU on your property. These new laws are only in effect till 2024. What's stopping you from ad...