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Hit my goal of 20 properties in December, and grabbed 1 more in January for a total of 21!
It’s been fun working with everyone, and I’m glad to have met some people I work with here on BP. I started buying real estat...
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I hear a lot of people on BP talk about that the best they can get for financing is typically 80% LTV. A local bank I work with will loan out 85% LTV on 4 units or less and 80% on 5 units or more...here is the kic...
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I just had an idea, if we could figure out the maximum amount of dollars we could pay for a property per $1 of monthly rental income we estimate the property will bring, we would have a very easy way to figure out how...
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To the experts here,
Perhaps asking for legal advice is inappropriate in this forum but if I could get an off-the-record opinion I would be deeply appreciative.
The scenario is this, if I were to locate a property o...
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Ok, I have a dilemma. How is the best way to collect rents if the majority of your tenants don’t have bank accounts. I know it is hard to believe in this day and age but there are a significant number of people who d...
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I just finished @Brandon Turner's How to Evaluate and Offer on Rental Properties webinar, so I wanted to apply that knowledge in the market that I'm interested in, Tacoma, WA. My goal is to cash flow $100 per unit pe...
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Hello Everyone,
I have 6 investment properties after 16 months. 2 of which are rented. 3 are on Land contract. The last one is just finished and available for whatever..
I have been considering doing all my prop...
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Hello to my fellow soldiers both past and present. I'm starting my journey into REI and along my research, I've encountered the "House hacking" term a couple of times. I understand the gist but what I don't get is how...
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Hi friends-Wanted a little sanity check here. Tenants in a triplex that I own are late on rent and get charged a small ($50) late fee per their lease agreement. In your experience, who gets this late fee??My Property ...
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Hey everyone! There are a ton of posts on BP about how to find and buy your first property. I am now a few hours away from actually closing on my first deal and I just realized I have no idea what my next steps are fo...