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I will be inheriting a tenant who is a retired custom car builder/mechanic and his wife. Their unit is well maintained, and they currently do cleaning and yard maintenance on the side for other properties. They have...
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Hey everyone. I am 20 years old and currently live in the mid west. I live at home and don’t really have any bills and right now have saved up a little over $20,000. I wanted to get to $30,000 before starting my home ...
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Hi BP,
When analyzing an investment property 3 numbers are extremely important along with others;
1. Debt Coverage Ratio
2. Cap Rate
3. Cash on Cash Return
Most lenders look for ...
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So I'm closing on my fist investment property later this month. With the excitement of getting my first place comes the responsibility of finding good tenants. I'm curious what the BP community thinks about two questi...
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I recently bought a foreclosure house. It is on a narrow lot with a garage on it. While the house was vacant the neighbor came and dug up the leach fields for the house I just bought. He told me it was to detour peopl...
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Hi BP folks,I will be as brief as I can be and expand in subsequent comments as necessary. I am 25 years old, still living at home (with parents), college graduate (wonderful student loans), and looking to invest in m...
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Hey all,
I’m a long time multifamily investor, living in the northeast, that is looking to branch out and buy a couple of luxury short term rentals in 2022, specifically in Florida. I’d love to connect with anyone wh...
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Good Day everyone!So house hacking is talked about a lot and even serial househacking. Ok, I agree it has served me well with the few I've done and allowed me to quit my day job with income left over to save a tad mon...
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There are many things on the calculator that I don't know how to obtain quickly and accurately enough to analyze the deal, multiple deals, with confidence in succession and then offer on them. These things include:Lan...
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Hi, my name is Alain (or just Al) and I'm working on my first real estate investment in the Sierra Nevada. I live in the Sacramento area.Right now my goal is to create a LLC that would take on loan for at least $150K....