Hi BP community, I'm buying my first apartment and would like to get comfortable with the closing costs:what's the best way to calculate them (is there a rule of thumb? Certain percentage of the purchase price, say 5%...

Now I am a little biased because right now this is my niche and my strategy, but this is my pros for investing in lower-priced properties.1. An easier barrier to getting into the property2. Lower risk, I mean money is...

My wife and I are looking at acquiring our next property and I think we're going to spend a few years occupying a single family home and doing a slow BRRR.   Yes a multifamily would make more sense, but we want anothe...

I was hoping for some insight on the as is value of a home. Say the house has a potential ARV of 450K, but needs 50k repairs. Is the As-Is value of the home 400K? What if the house has mold or something, could it be s...

Does the 1% rule get calculated from a home’s pre-rehab price or should it be 1% of the total (purchase price + rehab costs)?Ex. 1. I buy a house for $60k. Rent would be $800. That works.Ex. 2. I buy a house for $75k ...

I bought a house in 2021 and value for first appraisal came around the price I bought my house for, but this year appraised value came up way higher and I am planning to dispute it, but I have a few questions regardin...

When talking about cash flow, I feel it is directly impacted by the down payment amount when purchasing the property.With a minimal down payment, the cash flow will be minimal, or even negative; on the other hand, wit...

I found a potential deal, but it's right next to the highway. 3 bed, 2.5 bath, newer construction, minor updates needed. My plan is to live in it, rent out the other rooms and eventually move out but continue to rent ...

Hey BP social media guru's........
Forewarning:  Like other investors, I'm an introvert. I don't usually like talking to people. I keep to myself and mind my own business.         
With that being said, I am fully a...

Hello There,I with my friend is looking to purchase / place order for duplex with individual ownership. Just want to confirm if that is possible to begin with without going LLC route. All I am looking to know whether ...