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Hey guys! I'm a little confused as to how a rental property acquired by the BRRRR method ends up cashflowing after all expenses are taken out. Of course this depends on the numbers so let me give you a common example ...
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Tenant is moving out of paid off property in August. The property was purchased seven years ago for 56k in a C- neighborhood, which is now paid off and worth approximately 170k. Light renovation of the kitchen and sho...
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Hello BPers,I’ve been actively following and learning along for several months preparing to begin doing business in Q1 of 2020.I was planning to go the LLC route with my partner for purchasing properties, but I got in...
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From the onsite, it doesn't appear to be a good deal. Please give me some of your thoughts:
Type: Duplex, fairly new, not a fix-upper (mostly updated, need minor updates that shouldn't cost more than $5,000)
Asking ...
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Hey, I'm working on a spreadsheet and I'm wondering:
Does the Net Operating Income include deducting the costs for the "big items" that happen every so often, like roofs, parking lots, etc? I mean, if I set aside 3...
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View report*This link comes directly from our calculators, based on information input by the member who posted.This duplex could be my first investment (besides my own home). Rent on each unit is $1350 but RentCafe an...
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I am hoping to get some suggestions on lenders/financing styles I should seek out and also overall deal strategy with a potential mixed use commercial building. Also overall strategy on how would you go about financin...
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We are getting cloer and closer to our goal of 10, 10, 10 monthly, 10 buys, 10 rehabs, 10 sells. As we get closer we are trying to streamline and standardize everything we can.
I have put together a excel sheet that...
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A fixer upper just came on the MLS in my area. It looks like it has great potential but I’m worried to pull the trigger on my first flip during a global pandemic. What are your thoughts?
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HELLLLLLLOOOOOOOOOOO BIGGER POCKETS!!!!!!!So I thought that with the whole economy, COVID 19 doom and gloom forecasting out there, it would be really nice to highlight some of the positives in my own personal life, ho...