Hello all,I have posted about this topic before, but never got into the specifics of it.I have purchased a duplex with one unit being occupied by a long term (5 year) tenant. The issue is that the long term tenant nev...
(11 unit complex)Asking Price: $80k 25% down: 20kMonthly rent(s):5k Property tax: $282($3,380, 2015 tax year)Estimated mortgage: $250 (20 year loan)Utilities: $425Vacancy: 10%= $500Repairs: 20%= $1000PM: 10% = $500To...
I've been ruminating over the low rate environment recently and whether to refi one or more of my long-term rentals, but I just struggled visualizing the full gamut of financial impacts, e.g. loan cost inefficiency, 3...
So we are in closing on a property in Fairview, NC just east of Asheville. I wanted to discuss our ideas for the property as an STR and get some feedback and maybe a few other ideas. I have checked AirDna data and the...
Hey BP,I'm finally doing my first flip. I started off with two out-of-state SFH university rentals to get my toe in the water. Now, I found a hell of a deal in a hot market, and its just about closing time. The projec...
I'm researching a property and am running into two issues. First is an illegal apartment in the basement, but I think that's easy to resolve by removing some of the fixtures and then claiming it's a finished basement...
Good morning BP! So how do you do it? What’s your recipe for daily success?
Are you an early riser?
Yoga?
Breakfast first?It takes so long for most of us to figure out our optimum morning routine. Mine is pretty ...
Finding motivated home sellers without a realtor can be challenging, but two effective strategies you can use today are Facebook paid advertising and door-to-door sticky-note delivery. Here’s how you can make these me...
Hello BP!My name is Mike and I am new to the site, and to the world of real estate investing. I consider myself very responsible with my money, and have always had the ambition to seek out careers to afford me financi...