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I am now at 2 units that both are rented and cash flow well. Now I want to start using some property management software just to keep my rental business, a actually business. I don't use any of the cash flow from my p...
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Hi everyone,I am a new investor looking to gain some additional knowledge on other people's stories regarding successful or unsuccessful BRRR deals that have been done in areas like Vancouver, Toronto. My knowledge is...
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Recently got a salespersons license in California with the hope that this would lead me in the right direction towards investing and discovered soon afterwards that California is actually one of the worst places for ...
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Hi Guys,It's been a few weeks since I found out about BP and I'm loving all the information that's on here. I want to get started with REI and I have saved up some money for down payment and other expenses. Since this...
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I was curious if anyone could help me out with answering a this question: How do you quit your W-2 through REI?I have read THE BOOK ON TAX STRATEGIES for the Saavy Real Estate Investor and it made me wonder how a lot ...
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Hi all
I was wondering how to find the ARV of a multifamily that needs repositioning!
I want to make offers between 50% - 70% of ARV but I have no idea what the ARV will be. I understand cap rates, GRM and all that...
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Hey everyone,
I have a potential deal I need some help with. I can buy an older 12 plex in a nice residential area (mostly sfh's on the street) for 560k. Gross rents are 75K/yr for 2013, with net after expens...
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So lets say that i bought a $ 100,000 house the rents should be $2000.00? That would never happen here.
Can someone help
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Hello,
I have 10 single family homes as rentals. I opened a checking account for each property to manage its rent collection and to pay its expenses, ie: mortgage, maintenance, etc. Each month I scrape these accounts ...
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Hello Everyone,
I have kind of a sticky situation. My wife and I have jointly owned our primary residence (let's call this property A) since 1996 and have built quite a bit of equity in it. We recently decided to p...