Almost every person I deal with wants to only provide proforma numbers of their best case scenario with no capex or vacancy built in. I ask for schedule E and they claim the have only owned the property for 2 years. O...
Hey BP,I've been looking for small multifamily deals in my area but prices are way too high compared to the rent potential of the area. So, I've decided to look at doing a single family BRRRR instead.Question:With th...
I get requests from friends to invest and manage their investment in a multi family building. My question is:1. What rate of rent do you charge as management fee for yourself, assuming you still contract with a 3rd pa...
I have used 2 different CPA's and they all seem to think alike. Both prefer I max out my SEP IRA / HSA before putting the money into real estate. I put a nice chunk of cash into both but I want real estate to be my m...
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*This link comes directly from our calculators, based on information input by the member who posted.Hello BP community! So, i used the BRRRR Calculator for the first time, and this proper...
Howdy BP - I'm a new investor looking to get into my first buy & hold property in the next six months. I am working to select the "best" market within a few hours drive of Boulder CO. I've had more luck meeting th...
Hi everyone. New to investing here. Have 2x SFR in Indianapolis grossing about $1k/month after PITI and management. I’ve been looking to expand and trying to find new deals. I’m out of state looking for cash flow buy ...
NOTE: this is our first BRRR!!!
Purchase details:
Duplex in Jefferson County NY, originally listed as 3 bed/1 bath on each side. 1 side was rehabbed and occupied by previous owner, 2nd side was essentially gutted (...
Hello,need some advice on a property that I am looking at. It is a duplex that is small, 1,100 sqft. Two one bedroom one bath apartments that need updating. It is going for 109,000 I want to try and get it for 90,000....
I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...