Howdy all, I thought I would share my property that I implemented the BRRRR strategy on. We purchased for 90k put about a 25k rehab budget into it with a hard money loan. Refinanced with an ARV at about 150k. It's cur...
Top of the afternoon BP family,
I’m a newbie who recently came across a formula on how to budget for CAPEX. It says that I should take the cost of the repair and divide it by how many years it will last and divide t...
I'm new and need some advice. I'm analyzing properties like crazy. I base it on always having a loan at 4% for 30 years. I'm looking in the St. Louis market near a unit I already own. I am a realtor so I am checki...
I was having this conversation with my fiancee last night. We've both grown up of the mindset that it's important to help others, whether through financial means / volunteering time / etc. That said, I am significantl...
Seems more and more MF buildings now coming on the market are soliciting offers without the buyers being able to see the property.
Some properties said no visiting any units, don't knock on any doors, don't p...
I have been looking for ways to streamline my marketing. In the past, I've been doing a mix of yellow letters and calling people. Although it sucks to do, calling people has been way more successful. Even if you en...
I have been trying to buy out of state investments and came across a turn key company in Memphis. Are these companies legit? Do they actually make the cash flow they say they do?
I have about 100k in savings. I currently live in Austin, TX, but I may move to Florida in one year. Ideally, I would like to have 10% cash flow on each property and the potential for long-term appreciation. A real es...
Hey guys - my first post on BP, and absolutely thrilled to be here seeing how everyone seems pretty knowledgeable about building wealth. Was wondering your opinions...
Right now I have roughly $160,000 in expendable ...
Apartment Demand Outpaces Supply