So it recently occurred to me that I might be setting myself up for failure. Earlier in the year, I bought a new building, but instead of traditional financing, this time I used my HELOC to purchase it. The numbers ar...
Hi everyone, I’ve been having some trouble finding good off market leads, does anyone have any advice as to where I can find promising off market leads? I’ve tried Craigslist, and using off market searches on Zillow a...
I'm on a search for my third investment property and the Orlando area is getting very difficult to find deals. I have an LLC started with enough cash to flip or Brrrr a SFH. The MLS has proven very difficult to find p...
Hello and thank you for taking the time to read/respond to my question.what do you believe are the top 3-5 characteristics the perfect property management company must have? Essentially we are trying to determine if ...
I'm currently interested in a property to set up as a rental. So I let my private lender know about the property and he found it interesting as well. How would I go mathematically paying my lender his loan back per mo...
For those using GPTs, I have created a GPT to calculate and explain cash flow, ROI, cap rate, IRR, and cash on cash return. For now, this is mainly for me to do some preliminary analysis because I am interested in rea...
Hello BP- I'm a first-time investor in Oakland, CA. I'm in contract on a duplex that I plan to owner occupy. The building is in extreme disrepair and needs extensive work, foundation, full remodels on both units, new ...
The demand for apartments continues to grow, making the multifamily sector thrive nationwide. But rising interest and cap rates are affecting lenders and investors.
Interest and cap rates refer to the amount of mon...
The 2% Rule is the same thing as using the 50% Rule and applying a 12% Cap Rate on the annual NOI.
I was looking at some properties and noticed I got the same value using the 2% rule and using the 50% for an ...
Short question: how many applicants do you generally go through before finding a tenant?Backstory: I’m under contract on a duplex. I went into it thinking “I can probably get $1,100 per unit which pencils out to a goo...