Hello BP family! I have a few questions about how to analyze multi unit properties. My questions are 1) when you calculate cap x, vacancy rate, repairs, trash, water and sewer do you always use 5% of the monthly rent?...
I bought my very first piece of real estate 3 months ago. Its a 3 unit apartment I got a great deal on, awesome tenants and things are so far running smoothly. I have my eye on a second property. A 6 unit up for sale ...
Recently, I was involved in a deal that appeared pretty straight forward. That is, until one unforeseen issue threw the whole thing into chaos.I hope by writing this post, I can help others realize that real estate in...
Well BP, I have pretty much had enough.... of my job, that is.I am quitting my job tomorrow. I am 25 years old and have a job that pays about 80K per year. I didn't always have that job though. Other than last year I ...
Hello, I have a general question about financing my next BRRRR. Is there a general rule for how much money to leave in a BRRRR? What are the things I should consider? Is it always best to take out everything you put i...
Hi everyone,
First post here on the BP forums. I am a newbie just getting started and currently reside in East Sandwich, MA (with family).
Like many others on here, I want to invest in real estate to achieve finan...
Hi all!
First I just want to say I have been on BP for less than a week and have found my new web home-page. Loving the podcasts and all the articles that the members have written and posted. Thanks to everyo...
In August 2020, I took on what seemed like a great deal—a three-family property in Manchester. The seller was a terminally ill man who needed cash quickly to support his family before he passed. The lead came through ...
Hey BP,
Who has had success with a higher end MTR strategy (North of $5K monthly rent)? How did you market it outside of the normal websites like Furnished Finder and Air BnB?
Curious of what everyone is electing their SFR deductibles to be? My thought was the higher the better to maximize cash flow. I have been keeping them between $9,000 to $10,000, does anyone go higher?