Hello!I am fairly new to the forum but have been quietly following some of the post. My husband and I are in the process of buying our first investment property, a multi family short sale in Puerto Rico. The plan is t...
My wife and I have several rental properties and are hoping to add about 5 more in the coming years. We have 2 young children so it's pretty necessary that we get our act together and have wills drawn up to prepare f...
I am currently looking at a foreclosed home and planning to buy and rehab. As a foreclosed home, it has mold and bad roof. The question I have is, in order to make it rent ready and not to spend too much to make it lo...
Yes my real name is Johnny not John or Jonathan. I am a native of Los Angeles California. I have traveled to a few other places like Georgia, Texas, Louisiana, Alabama, Arkansas, Mississippi, Nevada, Arizona, US Virgi...
I currently have my first property under contract and it uses well water. I was wondering, what are some of the pros and cons of using well water vs using city water? Are there a lot of costs associated with keeping t...
What are good areas to invets in SC? Please advise.
Currently my wife and I are invested in a couple multifamily properties where we hire out or do ourselves the lawn care and snow removal for the properties. We are interested in investing in a few single family homes,...
Hey guys, so a few weeks ago I closed on a 90 LTV HELOC for a duplex I househack. I was obviously was able to get this high of LTV because I was owner occupying the property. The HELOC is for $57k, but I had to use $3...
Hey BP,
So I know we were taught to make sure we account for cap ex, repairs, and vacancy at a monthly rate when analyzing deals.
My question is, why don’t we just make sure we keep a healthy cash reserve to be ah...
I'm new to BP and am truly grateful to have such a wonderful resource available to me. This site has already helped me in a number of ways, and I've been pleasantly surprised by how well the insights and truisms of th...