I am looking to invest in an out of state (I am in Southern California) property, likely 3-4 units.
My goal is for an annual cash flow of about $5k after all expenses (including mortgage) are paid. I have been lookin...
Hi Everyone,I have a question about loans and making sure you're cash flow positive. I've doing all my calculations as if my loan interest is tax deductable and even though the principle is not I can claim depreciatio...
I am trying to get better at evaluating my deals and one of the things I am looking for is to better estimate capital expenditures. I am okay with generalizing maintenance expenses by a % of the rent depending on the ...
Hey Everybody!
My wife and I are looking to turn our current primary home into our first rental property. Our lender told us that we have to have a tenant's first-month rent and security deposit before getting approv...
Hello BP family,
We are real estate investors focusing on rehabbing, wholesaling, and buying/holding income producing properties in the Chicagoland area. We are looking to network with other cash buyers, very...
We are needing some feedback on a idea. We have been renovating our home for the past year in hopes to sell for a good profit. We plan on using that cash to start buying rental property to BRRRR... I we are about to f...
Hi guys, I'm new to this site, but here's a question. I have 3 properties, a total of 17 units that have positive cash flow, but I can't get any interest from buyers because the forclosure market is killing values. T...
If you are analyzing a deal based on cash on cash return (100% financing), what kind of positive cash flow should you expect/accept? I know that many people on here say that $100 per unit positive cash flow is accept...
Sorry if this is in the wrong location - I am trying to set myself up financially with your feedback on my current options. I currently own a home with a value of 170k - currently owe around $125k. I am 3.5 years into...
Hello,
We are on the verge of buying our first Investment Property, but have been thinking about it for quite a while. I do have a mentor in my uncle that has been a Landlord for about 5 years with 10 units. My day jo...