I'm currently looking at a property in Houston (Humble area) as an out-of-state investor. It's a fully-occupied triplex with rents totaling $2495/mo. Here is the data I have on it, hoping that you guys can tell me if ...
Hello all,I am stuck. I have been searching for information on how other borrowers calculate the performance of their portfolio AFTER they have acquired properties. In other words, the real world, actual performance o...
I'm somewhat new to investing and this is my first post on BP. I own 2 rentals and I'm looking to acquire more. However, I have yet to purchase one that needs renovations. I still need to get my contractor to inspe...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
Hi everyone,I’d love to get people’s opinions on my beach condo short term rental.1 bedroom, 1.5 bath. 800 square feet.All the numbers I used are taken directly from the current owners records.I made the str income $4...
We have been investing for a long time and have always used traditional banking. This time, we had a 3 month flip, and thought we would use a hard money lender, but when I saw the rates and fees, I was astounded. I ...
Hello BP!I am in the process of purchasing a home in Kansas City, KS. My math says that I will make over 500/mo in cash after all expenses are paid. Here is the problem... I am paying 85k for this home, the comps in t...
Hello from a new member! I am trying to make a decision and was hoping to pick some brains from people with experience. We currently live in San Diego and have a LTR that’s doing fairly easy, profiting about $300-400...
I live in Greenville, SC and work as a real estate agent. I live in a neighborhood that has boomed in the last 5 years. There is a 2 bed 1 bath home on my street that should be listed at minimum $215k. Its being so...
Question for all of the self storage investors out there...is it common to charge fees such as acquisition or asset mgmt fees in self storage syndication deal? I know these are common in multifamily syndications but w...