Hello BP! :)Just closed, with a group of investors and myself, on a 50+ unit apartment building.We have to rehab the whole thing over the next 18 months and my GC and I have a small bet on the counter-tops.I believe t...
I believe many in the BP community, myself included, firmly stand by "cash flow as the king" while appreciation is looked down upon. I would like to potentially hear the counter argument to broaden my understanding. W...
Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...
Hi all, I know there’s CAP rates, ROI / NOI, 1% rules, but in terms of cold hard dollars, I’d be fascinated to know what you average real life positive cash flow per door is, on average, per month. I’m just asking for...
Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or ...
A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
When people think about starting an Airbnb business one of the first excuses that comes to mind is not having enough capital to buy one or multiple properties. I'm writing this post to dispel the belief that you need ...
Is this a deal breaker for you? Is it an automatic disqualified? Or, do you take it on a case-by-case basis?Here's some background info on my situation:Renting out a townhouse in a decent, working-class area, some cri...
Hello everyone,As a prospective investor in short-term rental, I would like to get some feedback regarding the upcoming demand for short-term rental. Considering the current economic climate, where layoffs are happeni...
Hey Everyone,There has been some good discussion about Gastonia lately, particularly in this thread started by @Johnny Szeto. While there has been some excellent discussion and some anecdotal evidence shared by @Ty...