Hello BP - I've been thinking quite a bit about the amount of monthly cash flow I'll need to quit the rat race and provide a comfortable life for my family. Here's very broadly what I'm thinking:Gross Monthly Cash Fl...
I would like a CRM that let's me start with just a phone number. Does anyone know of such a product?I have a lot of calls from a direct mail campaign. Most calls are missed and they hang up (I'm working on this). I...
I'm a newbie trying to get into real estate investing and I have a question regarding who/what determines the number of units a property has, as it relates to the type of loan you can get. I know I've heard of situat...
I am looking to buy a seasonal investment property on Cape Cod where many people are making $100k plus a season. I know the market up here fairly well, so even though it may not be the best ROI it's something I'm comf...
Two years ago, I borrowed money from an investor which I used towards a down payment on a 20-unit apartment complex. Terms on the loan were:Amount: $100,000Rate: 8.0%Amortization: 25 yearsScheduled monthly payments ar...
Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...
Hi! I'm looking for my first investment property! I found a 6 unit apartment complex that consists of a building with 2 units next to a building with 4 units. All 6 units are rented out already for a total of $3545...
I was driving around my town to farm the area I was interested in and I found an empty property. According to the title search, it's a 3 bedroom, 2 bath, ranch-type, SFR. The owner had moved to CT and I think they've ...
I am in the middle of the rehab on my first BRRR. How concerned should I be about the interest rates jumping up in the coming months when I won’t be able to refi until July?
I’m new to BP and real estate from an investor point, but the research phase is over and I’m looking to jump into the game! We have found a number of homes that seem to have potential for great cash flow after a conve...