In the book How To Invest In Real Estate, the author claims that a property that doesn't meet the 1% rule will never be cashflow positive.Here is a proof against it. Buy a property for 500K cash, rent out for 2.5K, su...
With apologies to J Scott - typically, my team and I refer to our houses by the street number. In this case, we have two houses side-by-side, and referring to them by the street number is confusing everyone... so we'r...
Something occurred to me today as my neighbor just sold his home for 200k more than he paid for it 18 months ago... beware of the cashout refinance. It is different this time. It always is. It is hard to recognize ...
50% of the new investors I talk to live somewhere that's not affordable as a rental market.
They want to invest but feel handcuffed by the high prices and competition around them.
I say "dude, you need to pick a n...
Hey Everyone,
I hope you all have had a chance to check out BiggerPockets' newest series, On The Market. If you haven't you can find it here on Spotify or watch us and subscribe on YouTube. The show is designed to ...
I received an email from a local apartment broker saying in our State rent collection is down about 5%. For myself this has not been the case I am at 100% which I have been through out the COVID situation. I still h...
I'm 33 and looking to relocate. I was an interior designer (cabinet sales basically) in Denver, Colorado before the corona. Now I'm provided with a new opportunity. Im not going back to my old job and I can basically ...
This is basically an information gathering post, some things I've been turning over in my head. I've got a few clients considering new construction and I've connected with an architect/builder firm so I have a good f...
Hello BP Investors,I have been in debate with another property manager about the merits of an alternate pricing strategy. I would like to hear the opinions from investors and other PMs out there.Typical PM Charges for...
Hello everyone!
I have been wanting to start my own AirBnB for a long time and finally feel I am ready to by the end of year. My plan is to look for a single family home but if I can find a multi family property to h...