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The classic "you must have money to make money" dilemma.LA being a renters market, there's no reason I can't get great return on renting out additional units (long or short term). Since I'm local, I also have the bene...
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Hello to all,I just recently introduced myself to the forum and decided that I’ll take a moment to provide some background and forward looking information as to my involvement in the R/E investing world. Perhaps it ...
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HI BP Community,How difference is analyzing Duplexes or even Triplexes from SFH? In my mind, maintenance and capex may be higher given the size of the building and the possible higher turnover, hence these two assumpt...
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So I'm currently looking for my first flip project and am getting more serious about writing my first offer. I have set up my LLC which will be will be taxed as an S Corp, found a great CPA who specializes in working...
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Hi All,
I own properties in Bay Area at CA.
I recently got a letter from a lawyer claiming that I was negligent with maintaining the sidewalk, which resulted in his client trip and fall over it.
There are no mentio...
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I need some clarification regarding the "Annualized Total Return" number that is calculated in the Rental Property Calculator as follows:Formula used: ((Ending Value / Beginning Value) -1) / Years; However, in my 10 y...
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Hey everyone! My wife and I are closing on our first buy & hold on the 18th of this month! The numbers look good:
Location: Broadway House
Number of Units: 1
Rent: $1,350.00
Square Feet: 1,666
Upfront C...
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Details of my first potential BRRRR deal are below, with specific numbers given by my private lender and bank for refi. The rental numbers come out to roughly 1.08 DSCR, but really in this for the principal paydown, t...
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First time using hard money to do my 2nd flip and I have someone who will finance 100% of the purchase and rehab up to 65% LTARV. I would only pay closing costs and can defer interest only payments for the first 6 mon...
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I currently have 131 units... those units are spread out between 21 different property locations. From as small as a duplex all the way up to a 56 unit complex. With that being said I have a 5 unit building cash flows...