I am analyzing a property that came out as have a $918 /mo cash flow and a 25.63% CoCRoi. But this is when I used the BP insights calculator and had rent estimated at $1200 per unit (this was already using the lowest ...
Hey Guys!! New to the site! I'm from Chicago looking to dive into the real estate market... I currently own and live in a foreclosed condo that I got for dirt cheap... I currently pay $380 per month for my mortgage bu...
I'm thinking to buy an apartment instead of renting one in Brooklyn. One direction was to hack housing, which is to buy a 2 family house and live in one of the units and rent the other unit. But, it's really hard for ...
I’m working on my first deal and considering the CapEx, Vacancy, and Repairs expenses in the BP calculators. If I have a large enough (approx 6 months of rental income) lump sum of money saved up and invested in safe ...
So I am just about to buy my first property. Let's go back a second and say that I am prepared to buy but haven't found Mrs. right yet. I have looked at a few duplexes and got a chance to hang out with a client of min...
BP ,
I am in discussions w/ two potential deals that I am looking to get a little feedback on if they make sense or are too thin. The deals are actually quite different in that one property is a 3 family (...
Hey Guys,I'm trying to figure what I'm missing here. Do I go with the 2% rule on rents I hear all over BP or the 0.8% rule on rents from The Millionaire Real Estate Investor by Gary Keller? They give drastically dif...
I have a condo in Chicago, south loop, that I rent for $2900. The condo is a luxury unit, with floor to ceiling windows, and unobstructed views to lake. My tenant moved out mid July, but the agent began showing it l...
Hi all,
Do anyone know if there's tax incentive when it comes to renting out your primary resident? We lived in for 3 years and already done all the remodeling. Now we need to upgrade to bigger house due to growing f...
Hey BP community! I have an opportunity to buy a 4-unit that is owned by a fellow firefighter’s father. He is a veteran REI and has owned this building for 20 years and wants to cash out to buy more real estate out of...