Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Hi Team,I've just started investing in RE 5 month ago thru a TK company and now facing tenant eviction and really need your input please! So, what happened was, I got a great 3/2 SF property in a solid B class neighbo...
Just wondering, does anyone on BP make money from RE, but actually acknowledge the simple points outlined in this site:https://www.caare.org/The site clearly and concisely absolutely exposes all of the worst things ab...
Investment Info:
Condo other investment.
Purchase price: $490,000
Cash invested: $6,400
A 3 Bed, 2.5 Bath 1400+ Sq.Ft. Condo located 3 minutes away from SDSU. This property was purchased using 0% dow...
I recently purchased a property from Spartan Invest and wanted to post the details and make it an ongoing case study solely for the benefit of those looking into the company. I really appreciated others doing this as...
https://www.forbes.com/sites/forbesrealestatecouncil/2019/02/21/multifamily-outlook-and-the-interest-rate-conundrum-in-2019/amp/Interesting article regarding Multifamily into 2019. Sounds bullish on Sunbelt Multifamil...
I have said to myself that I would not rehab another house, just hire it out. I said I would just work ON the business and no longer in it...
Recently had to evict tenants on a house I was going to put on the market...
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
I'm a new landlord and not quite sure what to do in this situation, so any advice is greatly appreciated. My tenant asked me today if I would replace the oven (gas stovetop) because it has a lot of tiny grease stains ...