Ben Walhood
It's official, I'm famous...
Admittedly, I want to share this because I'm really excited about being on CBNC, but I do have a legit question for all of you.Last week, I was interviewed by CNBC (http://www.cnbc.com/id/102537364) for my rehabbing c...
Eric Calabrese
"property that can't appreciate"
Hey everyone, I'm in my first contract in the due diligence period and after walking the property and thinking of renting as is for how many years i told the agent if i get the house I'd like to renovate it before i ...
Anran Wang
How to increase rent as a new landlord for a long-term tenant?
Hi everyone,I came across a rental house with good potential. The good part of it is, the long term tenant has lived there for over 9 years and they pay rent and are not likely to leave, but the downside of it is thei...
Tony Nguyen
How Much Cash Reserves Do You Set Aside?
Hi everyone,What amount do you set aside towards your reserves fund for your properties? For example:X% of gross cash flowX months of operating expenses$X per square feetFor me, I was debating 6 months of operating ex...
Quentin Lee
First Deal Advice
I have been thinking about investing into real estate for a few years and have started taking the first steps toward that goal recently. I have been doing research, learning strategies and terminology, and begun to fo...
George Eliot
Is a CL ad sufficient to prove intent to rent?
Hi everyone,
I own a house that I plan on renting after I make some major repairs. Is a CL ad sufficient proof of intent for the IRS, or should I run a print ad before starting repairs?
Thank you!
Rebecca Wilkins
MF 8-Plex Snag or Pass?
Hey everybody! I'm new to BP and wanted your input on a property.
Built in 1985
2, 2-story Buildings, 4 units in each building
All units are approx. 615sqft 2-Bed/1-Bath
All units have central air (not...
Albert Hasson
multi year highs for stock market
I am interested to know what others think about the influence of a rising stock market on residential real estate prices.
Will people use the "wealth effect" to invest in real estate driving prices up or will people b...
Garrett Gahn
Finding confidence in my ARVs
Hey BP,
As I continue to practice analyzing BRRRR deals, I'm finding that I feel great at every stage except truly feeling confident with my ARVs!
Although I run my comps, research recent home sales, etc.. I feel a...
Patrick Wheeler
Property Management Thought
I had a thought I was curios about regarding property management, especially when first starting out. I know the general rule is to factor in using property management, whether you initially intend to use it or not. H...