Joseph Toni
Rules for finding comps in 2024
Hey BP crew!I just want to know the rules that are relevant to finding comps for a subject property in 2024. I heard experts from YouTube say +-200 sq ft is how you find a comp for a subject property. I have also been...
Jovan Kitchen
Condo Purchase Opportunity; Hesitant on Purchasing
Hi, I currently live in Washington, DC in the Brookland; Fort Totten area. I currently live in a 8 unit commercial building that was built in 1942. My unit in particularly is only 381 sqft and has some updated featur...
Gulliver R.
Direct Booking Website: How Do You Protect Yourself?
Hi All,I have an STR that's on Airbnb and VRBO right now. But I'd like to build a directing booking site and put my STR on that as well. I like that you don't have to worry about getting a bad review on Airbnb or VRBO...
Jacob Phillips
Rules for small Apts
What’re some of the “rules” you guys use when evaluating potential smart apartment deals? For this example, 36 units. I know they’re simply “rules” and not laws, but what are some rules of thumb you guys use when eval...
Adrienne Bryson
Cash Flow Questions!
There's a "set" of four SFR rentals up for sale right now. I did an analysis of the set on the BP rental calculator. The calculated cash flow would be about $712, which would be about $178 per property average, whic...
Kayla D.
Chicago Shared Housing Application Denial
Hi all! Hoping for some advice here.I purchased my first 2 unit Oct 22 and currently occupy the 1st unit duplex as my primary home. In November I submitted my shared-housing application to Chicago’s BACP, with the hop...
Amber Linthakhan
the math doesn't add up, what am I missing?
We're in the process of learning everything we need to know before starting to invest but I feel i'm missing something here with the numbers game. I'm looking for lasting, generational wealth by building a portfolio. ...
Russell Taylor
Cashing out inherited ira to buy real-estate
Here is my situation. I inherited an ira and had to set up an inherited ira, non spouse. I am wanting to cash this out and buy more properties. I talked to the company holding the ira and I don't have to pay the 10% ...
Sean Chen
Is this worth pursuing
Hi Gurus,This is a duplex with one unit having finished basement rented out to a Section 8 and anther side to a non-Section 8, both would like to stay. Here are the numbers:Purchase price: $290,000 (I could spend $30K...
Judit B.
Buy and hold in Austin TX and the 50% rule and 2% rule
Hello, I am curious, has anyone been able to buy rental property in Austin TX in a decent area of town that would meet the 50% rule and especially the 2% rule? I am finding it very hard to get properties that meet eve...